RE: 2026 The Next Year Of Delivery???24 Nov 2025 20:54
"To this end, BASED ON THE ENGAGEMENTS WITH POTENTIAL PARTNERS TO DATE, the Board now expects the completion of any partnership deal to extend beyond the end of 2025, with our aim being to move to completion of a deal as soon as practicable in 2026."
The message could not be any clearer. The Board must be spending a significant amount of time in conducting each meeting with a potential partner. This is so because, as the RNS states, its not just commercial aspects but also the technical and scientific aspects etc that are being discussed. IMM is a very small team and one can imagine how long it must be taking to respond time and again to a flurry of questions. You then multiply this time ×10 if they are simultaneously talking to 10 potential partners. It is therefore unsurprising that we see today's announcement.
"THE BOARD NOW EXPECTS THE COMPLETION OF ANY PARTNERSHIP DEAL TO EXTEND....."
The Board is confident of its stated goal of completing a deal.
GLA