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ATLnsider

10/18/22 2:45 AM

#522708 RE: biosectinvestor #522706

Thanks biosectinvestor, I do agree that it will not take 2 to 3 years to complete all of the 6 milestones listed. In fact, some of these milestones will be completed within the next 30 days or less, most of these milestones will be completed in less than 1 year.

However, part of milestone number 6, specifically approval of DCVax-L in Germany and all of the rest of the EU member countries, could take up to 2 years or more, especially if you factor in the time needed to get approval for DCVax-L cost reimbursement under each EU country’s health insurance coverage.

More importantly, my 2 to 3 years estimate refers more to the time I believe it will take for the NWBO share price to increase to my projected valuation of $48 per share, and a $72 per share buyout price. I will not be disappointed if these projected NWBO share prices happen sooner.