Member Info for daveboy19

My reply was based solely on the cash running out in 2024 comment and nothing else.

All those are actualities not maybes, just when in '24 is the variable for China payment. The Korea/Canada approvals with milestones are set for H2 '23 so anytime.

IMHO we will be banking somewhere in the region of £10M from Norgine as they managed £1.5M previous to all these points and no real effort.

Not sure how you come to the conclusion that none of this matters when it could/ should be about another 25 million dollars arriving in 2024 - key year.

That link refers to 2021/2022 - so is therefore 17 months out of date, albeit not great, it had only just fired up at that point! 6-12 months to 'fully bed in' as we have been told with the US.

GM already stated some time ago that he had spoken with the head of Norgine's commercial sales, and as per US strategy were concentrating on Women's Health which has a very large captive audience. Her keen desire to change strategy was also mentioned. That will certainly increase the t/o from $0! We also have New Zealand to factor in + Germany which was last reported as increasing rapidly. The figures for the UK were put up a few weeks ago and were rising higher month on month as word spreads of a greatly efficient treatment available over cheap, oral iron rubbish.

I also reiterate China/Korea and Canada will produce income under the budget line (currently reporting US Rx only).

Your research comment is baffling therefore as it is you producing outdated information.

I've been here since 2016, and you could say I am fairly 'balls deep' myself !!

Can you point out where they have stated that the cash 'runs out' as all I saw was they have enough funds to get to b/e by end of 2024?

There is also no mention of those 3 bullet points I listed earlier, so we don't actually know if they are factored in. I suggest not.

They also launched in Aus/NZ in July 2021, I believe, so your post seems to be a bit skewed on several levels!

'This growth rate is important as cash runs out in 2024 and they have to do it or do a raise or borrow.'

Have you factored into that statement:-

1) China payment of $11.4M due 2024?

2) Norgine revenue, now including expanded territories?

3) Korea and Canada approvals due 2023 with attached milestones?

Cheers, Frankie - much appreciated.

Will have a look in detail when back from my holiday.

Best wishes.

Very encouraging data - thanks for posting.

Why are Norgine not banging the drum much more loudly, I wonder ...

You won't find anything that is anywhere near as strong as this one. The market is just starting to catch on...

Shockingly blatant and blase.

Gets away with it, so never stops plying his 'trade'.

Full order book he kept saying here.

What would happen to any of us if we behaved in this fashion I wonder...

His screen name kind of gives a revealing insight into his commentary, lol.

B/E by end of '24 as CFO stated.

This is WITHOUT :-

China - $11M payment due in '24.

Canada/ S Korea income streams.

Norgine income with improved sales tactics + Aus/NZ fully on board with expanding Europe/UK.

GLALTH.

Great contribution.

Thanks very much indeed for that, speaking out about the 'BS merchants'.

FFS, lol, he's one of the most fact based posters I've ever come across.

Provocative (at best).

Just some clueless, bored shark swimming around trying to get in lower, so he can exit next week with an extra few %.

Rinse and repeat as Yu has constantly attracted them by being consistent and robust afterwards.

It's just part of life's rich tapestry, shandy!

But I do agree with you 100%, as well.

I can only say that it's in his interests to pull the US off. I think he will do it and benefit massively. But, as a side effect, we will finally get some reward for our long suffering patience also!

Not ideal, but better than where we stand today.

GLA.

Agreed - I didn't think he was worth a response.

Deliberate wind-up or thick as mince. Maybe both, who knows...

There's nothing else like this out there, period.

People still sell/market still ucks about - unbelievable tbh.

Glad to be in this early retirement stock.

GLA.

Usual cav.... :¬)

Nice one - cheers for the info.

Hope it's the start of a continual rising trend.

GLA.

That's the guy who said thank you, didn't think I'd get these at 620p again, plus 590 etc.

Looks like he got usual caveated.

Yep, and he's got an average of 140p ....

Another penny in the bank.

OCD.

£92.61 - even better !