Btw if we can’t afford to bring in 2 x SPV you can say good bye to your investment here. So we need to cut costs to the bone . Surely you can see that ?
Absolutely no problem with Mark T he’s a lovely guy and I hope he earns 200k but for me it means ME isn’t CEO material . Suzy paid him an incredible sum as a thank you for getting her the job. I think 90k is ridiculous as he doesn’t bring in any bus.
As I’ve said I really like him and hope he earns a fortune but at Val he is grossly overpaid .
Surely irrelevant small cost savings when you can make more savings ? Oh don’t be silly Nick we can just raise earlier as shareholders are stupid enough to keep backing placings at ever lower prices !
Let me put it to you . If the lab can’t bring in £1m of contracts it will be all over . No pressure mr Ecclestone.
I the short term there’s v little downside and these will be back to placing price and more if we can get news out.
Longer term (6 month plus ) we may struggle to raise . ME has been too late to make the necessary changes and thinks £2.1month plus of annual costs is fair for Val. Sorry but he’s delusional and will end up losing all his money:
A £5m mkt cap for a profitable lab,CLX ,all our legacy assets (I would pay £1m pa just for 201 if it had decent patents ) and Stingray(if we SPV it) isn’t unreasonable Stephen.
Im not a bull. I just said 0.4p is too low with some of the irons in the fire so we should trade at placing price of 0.65p and maybe higher if we get another SPV.
So. Im not as bearish short term as porky and not as bullish as uncanny long term !!