RE: Reality Check25 Apr 2025 09:18
However as we know when asked back in September how long it would be before the BoD expected to hear about the license application LB proffered the view that based on past performance we could expect something around 3 months and look what happened. Consequently on each subsequent occasion she was a lot more circumspect about giving an answer. Coming up with prospective target dates that you have little control over is usually ends in disappointment and that, in my view, has a more detrimental effect on the sp and shareholder "morale". Overpromising and underdelivering is rarely a good recipe for "success".
Of course we would all love to have a target dates for any number of things, the ML "award", FA, FS, funding and CPR but can you imaging the state of the Boards and emails to the company if those target dates were then missed. Those very people demanding the dates, the likes TG2D and his fellow scaremongers would be apoplectic.