Actually Zolis this is a very telling and valuable
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Posted On: 04/03/2020 10:48:45 AM
Re: Zolis_onkel #14966
Actually Zolis this is a very telling and valuable response. His last sentence being the most important
When anything advances, meaning formal agreements or benchmark actions take place, it will be announced.
Since there have been no announcements about formal agreements then none have occurred i.e. US govt.
Also as i suspected and more damaging, since no benchmarks (read milestones) have been announced the Chinese contract is NOT progressing seemingly at all. We can infer that not a single task, milestone or event as laid out in the contract has occurred.
The market of course tells us this daily with constant erosion of PPS. The market is pricing in an announcement in the next couple of weeks confirming that all Corona virus activities are canceled.
The real question is how much father we will fall when this announcement occurs or will we be all priced in by that time?
Todd's answer is misleading in that yes of course things are moving forward in the sense that they are trying everything in their power to get funding. However they are not moving forward in the way everyone assumes i.e. vaccine progress.
Its obvious the chinese have not fronted any money to get this collaboration off the ground.
When anything advances, meaning formal agreements or benchmark actions take place, it will be announced.
Since there have been no announcements about formal agreements then none have occurred i.e. US govt.
Also as i suspected and more damaging, since no benchmarks (read milestones) have been announced the Chinese contract is NOT progressing seemingly at all. We can infer that not a single task, milestone or event as laid out in the contract has occurred.
The market of course tells us this daily with constant erosion of PPS. The market is pricing in an announcement in the next couple of weeks confirming that all Corona virus activities are canceled.
The real question is how much father we will fall when this announcement occurs or will we be all priced in by that time?
Todd's answer is misleading in that yes of course things are moving forward in the sense that they are trying everything in their power to get funding. However they are not moving forward in the way everyone assumes i.e. vaccine progress.
Its obvious the chinese have not fronted any money to get this collaboration off the ground.
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