There are some significant issues that need to be addressed, maybe there will be an announcement before the AGM.
If Neuren do nothing they are going to run out of cash - major problem. If they Tap Lang they can delay running out of cash until maybe year end. I would be expecting some clearer indication on where they are at with a deal, such as assessing formal partnering offers.
They can't keep rolling on endlessly. The timing of the AGM aligns well with having tapped Lang or not, and explaining the way forward before they hit the wall. I think all will become clear in the next 4 weeks.
NEU Price at posting:
6.0¢ Sentiment: Buy Disclosure: Held
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