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Thanks - good to have a reminder of Bioventix, which I know a bunch of people like. But as you point out, this sort of company/sector feels like it has a broad range of outcomes that aren't entirely predictable, though while Peter Harrison & co are there, one does have faith in them as stewards. I do love a Royalty though!

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It’s funny how when people summarise something I have written in a sentence I often think I wish I‘d concluded with it!

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Good summary!

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