Maybe a bit premature. But I am going to ask anyways. Any idea how long this $8.5m is meant to last. Will be interesting to see the cash burn of this company in the next few quarterly's.
No human trials for 2 years? No revenue sources. 2 years for human trials, if successful, then god knows how long till commercialisation??
All potential questions above are what is keeping me from buying it for a LT hold.
Not doubting the company, just asking some questions which I cant seem to find answers for.
The management seem A+ with all the experience in the world.
One thing I do find weird is as a major shareholder NOX. As they are also Small Cap company and in the same boat financially.
NYR Price at posting:
20.5¢ Sentiment: None Disclosure: Not Held
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