you are very optimistic. Based on past performance of this company I think you may want to re-think.
they run out of cash in 18 months time. Sales are pathetic - how can you run a company that burns miles more money than what you earn. The US result is a year away and there is no guarantee it will even pass.
I bet you'er asking why am I still here. I am way down, was like you optimistic a year back - and bang - they did not deliver. What do i do now - probably move on.
Lets hope they get their partner locked away very soon - this may help with the cash burn as i would assume costs will be shared. Assuming also Novaquest deliver on their loan.
But very very risk 12 months ahead! i guess thats while you are all here - hoping to bank wins. but be preared to lose your money!
BTW - did anyone listen to the conf call?
Seems like it was mundane - it did not impress the share price!
PXS Price at posting:
12.5¢ Sentiment: Hold Disclosure: Held
