Think about the example of the coalmine. The end customer was the power company who would willingly sign a contract and foot the bill for the construction of the mine in order to secure the dedicated supply. (this was in my day when coal was in demand)
Now the contracts/purchase orders from the end customers (governments, nation-states, hospital organizations, etc) cannot be in-hand until the FDA, or EMA, or MHRA, or CDSCO, or TGA, etc. give some kind of approval. At that time (if any one of them give any kind of approval, the dominos will fall), the contracts/purchase orders will flood in. Until then, we can only line up some CDMOs (we only have hope but not orders) and we cannot sign real contracts for the massive amounts we could sell. With contracts in-hand, we will not have a problem. I do not worry about it. It is a good problem..... but who wants problems.
Our guys have done the best jobs of lining up supply that they could do.
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