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Well not far off my thoughts which is c£6-7m total cash by now. My view is that a new well will be drilled fairly quickly and it looks like cash inflow is going to remain very healthy for the medium term. It’s all down to the management of new new debt, terms for which I still expect will be more favourable. Tick tock…

Well not far off my thoughts which is c£6-7m total cash by now. My view is that a new well will be drilled fairly quickly and it looks like cash inflow is going to remain very healthy for the medium term. It’s all down to the management of new new debt, terms for which I still expect will be more favourable. Tick tock…

Have they taken £15m in revenue since last published cash position? I stopped checking the numbers so that was just a guess. Be interesting to see the opex for the last 6 months, and the cost of the highly successful workover programme. I think the latter wouldn’t have been much over £1m.

Bubbles as you so well versed in the financial health of the company, care to suggest what you think the current cash pile must be? I mean you are talking huge revenue and very little outgoings.

Did you call Lisa? I think there could be an update imminent.

Has anyone else called Lisa ? I think you should if you have a line to her. Interesting times.

“If we get that news on P140 i would expect a very quick move to 30p+”

The above post got 7 recs. Shows the level of desperation now reached.

Yeah that guy talks utter nonsense, quite funny to watch though.

I don’t think they are in discussions currently on P140. They are actively seeking new partners to talk to I suspect. Don’t forget how much interest they had in September allegedly. Remember? Tim talked about the healthy competition and inferred a bidding war and now look where they are, soon to be 12 months later. The desperate cash raise was proof enough for me. Given it is likely to yield £1-2m only, based on the share price trajectory, then I wonder if they will be able to raise again? imo there is as much chance of IMM going bust as there is of ever seeing 10p.

At 10p by end of this year, with Avion.

@The Revd / OSD

Welcome back. What happened to your old account? Did it get cancelled as OSD? What happened to your sermons?

Well OTM can answer those if you wish?

OTM - keeping Britain tidy

About £4-5m bubbles, and growing. They are in a very strong position now imo, no doubt holding all the cars in the debt negotiations.

What deal ? I did predict a P140 deal in June or July (but that was last September). Can’t see that target being met now and doesn’t look like there are any deals likely.

Why mirasol? I think this week they will have finalised the documents. Trading update and cash position ought to accompany it.

I agree boot. Anyone can easily put together a full file of clearly misleading and contradictory comments

Expect it should be trading again this week.

If you are in any doubt please listen to the ill fated podcast where he explained the reason for the delay in to the new year, then read the disastrous confetti RNS where he talks about the possibility of a deal by the end of 2026. You know, the confetti that they didn’t need and definitely would not be doing. Absolute bull that it is due to an approach from lenders to see if they had any new drugs that they hadn’t previously told anyone about. You got a laugh…. Plain and simple, there is no deal, as OTM has stated, and cash was due to run out in Q4.

…since not a should interested in this so called wonder drug, P140. Strange innit? Or is it?

Dilution ?

Of course MM. someone called that out very clearly in September after the interview. He was shamed poor guy.

OTM - was right all along, about Tims and Dogs.