I’m hopeful that a few of these milestones will
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Posted On: 06/14/2019 1:23:04 PM
Re: Evil Rabbit #4013
I’m hopeful that a few of these milestones will be met in the next month, but given the delays in the past 6 months, it may be longer.
With current cash and the TO, we have approximately 6 months of operating costs, which gets us to the end of the year (considering no changes in costs). I’m hopeful in that time that interim TNBC results are positive, the BLA is completely submitted and that we have a licensing deal for the prostate test. That alone should appreciate the SP much higher from here. Then, if we need another round of financing, it won’t be as painful.
But until then, I can see the SP sinking back down around .38-40 on no news. NP has promised a lot, and I understand delays, but investors are getting impatient and that’s reflected in the $9 raised from the TO.
With current cash and the TO, we have approximately 6 months of operating costs, which gets us to the end of the year (considering no changes in costs). I’m hopeful in that time that interim TNBC results are positive, the BLA is completely submitted and that we have a licensing deal for the prostate test. That alone should appreciate the SP much higher from here. Then, if we need another round of financing, it won’t be as painful.
But until then, I can see the SP sinking back down around .38-40 on no news. NP has promised a lot, and I understand delays, but investors are getting impatient and that’s reflected in the $9 raised from the TO.
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