I look forward, as does everyone else I imagine, to the conference call. POH have certainly moved onto the offensive in the US; carrying on Rosen's comment in the Newsletter that 2014 is POH's year!
Good stuff. I would guess that one of the drivers is the likelihood of needing to carry out a further placing in mid year. If they can get an upfront deal soon, then fine. Otherwise (to harp on it) the time factors on the OXY programme are likely to be too tight for the cash burn, on the figures given.
It makes every sense to create a positive view of POH with the investment community in advance - & possibly even get the sp up a bit to help the placing price.
'Interesting Times...'
I look forward, as does everyone else I imagine, to the...
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