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Alee26

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03/05/23

16:44

Post #: 67590329
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Originally posted by rusty02: ↑

With all due respect @Alee26 one needs to look at how the BOD of any company uses this said cash burn. Now cash burn can be due to just running a company eg salaries leases loans overseas trips etc and use zero on moving forward to the detriment of SHers. Naturally I'm not saying IHL won't use part of COH to run the company but the BOD have so many pathways and benchmarks set, from new patents, regletory approvals, production for administer, clinical phase 2/3trials through to clinic outlets with approved trained therapists/medical personnel, all of which will advance their position closer to commercialization on a number of fronts and closer to an income stream.
These BOD are working for their SHers but most importantly is if the above plays out there is going to a lot of people with improved lifestyle due to these compounds. Mental health, depression, insomnia and inflammation are hidious. I suffer from some of the above and it's terrible. Bring on the cash burn the BOD need so one day we can make sufferers lives comfortable again and smile.
Good luck Alee26

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I just mentioned the fact IHL burns cash, that's all. I'm quite aware all their programs, projects and approvals need cash. Market just hates companies like IHL at the moment. Period. "Closer to commercialization on a number of fronts and closer to an income stream." - any developments on APIRx and their products? No.

IHL Price at posting: 10.5¢ Sentiment: None Disclosure: Held
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General discussion, page-15849

Top Stories

The Rising Tide: How institutional adoption is shaping the future of crypto

Sunstone hits gold and silver in "new areas" at Limon, Ecuador, ahead of MRE for project

Everest Metals inks first resource at Mt Edon for nearly 8,000 tonnes with prices at US$1,000+/kg

Continuous high-grade REEs of up to 6,327 ppm bode well for Perpetual's Brazilian footprint

Chariot locks in high-potential drill target at Black Mountain, one of the USA's largest lithium landholdings

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