I agree idi, a bit cringe worthy.But what I take from the answer...

I agree idi, a bit cringe worthy.

But what I take from the answer to the question is as follows:

1) Meaningful unilife production will first start for Hikma approx jul 14

2) He expects up fronts to pay the way till then with no cap raise or ATM required. (imo this includes likely deals early next year - probably pump and maybe ezmix related)

3) If there is further delays in the deals I'd expect the atm to be hit (I think similar to what happened with the 6mth delay for Sanofi deal)

I'm looking forward to the big deals he suggested are coming soon, and I'm looking to buy if the share price gets pumped by any shorters last hurrah before then. I don't think it's likely to happen, but the extreme NAS sp swings overnight was damn interesting.