General Chat / Discussion, page-10087

There is no doubt we are in a precarious financial position.

Running 3 offices and projects on 3 continents cannot be cheap.

Very strict fiscal management goes without saying, of which the team have previously mentioned and I do not doubt they are exercising.
Our cashburn had to come down.

Capex and study costs, should have come down significantly.

As for our equity in VMM, it saw a nice little bounce, up nearly 16% over the last 3 trading days.
So maybe a partial divestment of these shares.

But, CR???
Well, I reckon it would be tough going to even get a fundie to agree at the moment, so it may not even be an option.
And I am sure the BOD is aware of the catastrophic, dilutive deal they would have to sign, to make it happen....if possible.

I know some of you expect it, but I reckon its a long shot...... for now.

Of course anything can happen, but i really hope I am right...

Some positive vibes out of Belfast, so I am hanging on tight to see where the next few months take us.