Dhukka - "However, investing on the basis that the company will be self-funding inside 12 months in the absence of such a deal is pure speculation not based on any tangible evidence".
The pure speculation comes from the horses mouth as this statement is taken from Blueballs post on the company overview given from Lodge. It obviously depends on how well cellucreme works.
"It is expected that POH will be cash flow positive in about 12 months provided Cellucreme works well and this could be complemented by Oxypatch."
prophase financials, page-23
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