Ann: IHL commences manufacturing of skin therapeutics, page-25

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Badvet73

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29/11/22

10:29

Post #: 65043076
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Originally posted by thevinnys: ↑

Hey mate,

You must have forgotten about the $5M allocation by the BOD to the Aprix portfolio.
This will be sufficient for the next two years as part of the two-year overall development funding program from the current cash in the bank.

I agree that Bob Clark's efforts to sell a part of the IHL portfolio will have a big impact on our ability to fund future trials and research into 2024-5.
So assuming that the Resolution is passed at today's AGM. Bob Clarke will have 382 trading days (not including 78 Saturdays, 78 Sundays and 12 public holidays) to do a deal with Big Pharma.

As I said previously, income from Big Pharma for IHL-42X (sleep Apnoea) could bring in the $1-3 per share range (my preference would be for the BOD to hold IHL-675 for the longer term)

Big Pharma will be falling over themselves to get a piece of IHL-42X, once we get some positive data readouts in the coming few months or so.
I don't think Bob's task will be too difficult and his options will be pretty safe IMO.

Once we get a sale locked away by May '24 (just 550 calendar days away - haha) Incannex will be the darling stock on the ASX.

Well done BOD for adding another pipeline to the back end of our development program, this therapy could produce another $1 or so per share (if sold) to our cash at the bank around 2025/6

GLAH

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No I hadn't forgotten, just making the obvious assumption that there isn't enough in the coffers to do all these trials to profitability.
Hence, in my and your opinion, within the next 2 years, we should have an investment from Big Pharma. If we don't, then Bob the builder was a poor investment. And I doubt that.

IHL Price at posting: 24.5¢ Sentiment: Buy Disclosure: Held
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Ann: IHL commences manufacturing of skin therapeutics, page-25

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