Guys, Nick told me a few weeks back that he is very comfortable with cash and confident he won't have to go back to market for a capital raising, suggesting there will be an announcement shortly. This gells with his recent statement of at least one announcement pre-xams.
As new collaberations come through the $'s should increase, so hopefully this can buy us some time?
Still the milestone payment from Roche to come through as well, which based on what they are doing SHOULD be significant, although the secrecy around Roche makes it hard to tell / frustrating.
So not all is lost yeat and I don't think we need to start fretting just yet, but the receord of slipage from statements by NW to reality is a concern.
I'll leave you with this quote I came across the other day. May help you...?
“Worrying is like a rocking chair, it gives you something to do, but it gets you nowhere.”
PYC Price at posting:
5.7¢ Sentiment: LT Buy Disclosure: Held
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