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Valju - that's the whole point there are no facts - nothing to base anything on anything don't you think that is disgusting that we have no idea where what remaining cash is being spent? how we have managed to reduce cash spend to 75% less, and what effect this is having on delivering the science to a commercial result.
I know you are smart enough to ask these questions unlike 14 who just says everything is OK which is fine I suppose if you dont ask the right question and simply post "Strong Buy" based on no knowledge or fear of asking !!
Valju - I forgot to mention good luck with the funeral and I hope it goes well under the difficult circumstances
Noise, at least you reply with some candour and honesty many thanks for the practical honest reply which particularly highlights how limited the information that has been provided to the investors by the BOD - terrible really !!
What needs to be spent to get each drug to a commercial return ???
What is the so called 25% being spent on?
What cuts relate to the 75% cash reduction
What needs to be spent on the science?
What does the 25% relate to supporting the BOD costs???
Freddie - coming back to our original point in this discussion dilute now, state that we have enough cash to last until say December 2019 however I have not had any clarification of the 75% savings being made or where the 25% is being spent ???
You have to ask where our cash IS being spent and if it is just to feed the BOD salaries whats the point ??
Still 14 will state its about the science - what are we spending on that and what needs to be spent to ensure success ??????
Noise, good examples you give - how long do you think it will take to commercialise each one so we will start earning cash?
Glad you pointed out that 401 is not a cure but an aid to quality of Life, a lot of our rampers particularly one still states it as a cure !!
14 - you dont do facts do you - never mind something for you to learn in time, be happy to remind you when we struggle to get a placing away on a rubbish SP value
As for the science lets see what they will release operating on 25% cash-flow best you phone a friend to have it explained to you !!
My guess is .75p for £500k unless the SP rises on some real news?????
14 its not a negative post it facts, know I know you dont deal with facts but as a supposed investor dont you think that cash and dilution is KEY ??
If the science does not work this share is dead in the water and the BOD will really be in the Sh1te
14 obviously I was asking the wrong person to provide any informed opinion - for the record I do NOT want the SP to drop to 1p and below as that will hinder a chance of raising further cash at a lower level of dilution - if you cannot see that you are a complete chump !!
At these levels know-one benefits from a lower price if we don't have the cash to pay the day to day bills
Go and discuss with an accountant or someone who understands finance because you clearly do not !!
Jinksy - I think two factors are relevant - who wants to leave it until the last vapours of cash are left and also what will the SP be at that point remember the lower the SP the more dilution we will have.
I would rather ensure we have the cash to continue than run out and massive dilution as a result of inaction !!
14 - as usual your answer provides no contribution to a very reasonable question - additionally I have not posted on this subject a dozen times a day for weeks - so utterly incorrect again and misinformation to suit your own purposes I Try adding something to this BB which is on a key subject for a change !!
Even better lets see the BOD answer it in a relevant RNS which they themselves have failed to comment on for many months - and no I wont be phoning them they instead they need to show that they are dealing with this urgent matter in a pragmatic way - after all what could be of more importance than this issue of cash when you have such a limited time to do so????
Chelsea7 - that may be the case - I am just speculating on an event that absolutely needs to happen - and soon - 14 wont engage because he has no trust in others opinions other than his own, lets see if he can come up with a reasoned opinion other than his stock answers which add nothing.
you wont get a more serious subject to comment on than short term funding and the consequences of running out of cash !!!!!!!!!!
14 how exactly am I playing Freddie? your paranoia is reaching new levels !! If you look back at ALL of my previous posts you will see my concerns have always revolved around issues relating to cash-flow, BOD performance and placing price. This new placing which WILL happen in the short term is probably the most important raise because without it we are ALL dead in the water. I would therefore politely say that a placing at 1p with a raise of say £1m should be the target but I am very happy to hear your views on the subject
GFB - so the share did go to 70p 3 years ago on nowt but the difference this time is know one believes it put simply with no relevant information being released relating to deals being done and the addressing of Cashflow there seems little to latch on to.
7.4% down today my guess is sub 1p by end of week unless they release a meaningful RNS.
By the way 14’s statement that he does not mind losing his investment as it was his choice really makes me laugh what a foolish comment!!