Tuesday, August 03, 2021 6:12:49 PM
So we have the 10-Q in a few weeks. Probably not a lot, but again a better read on cash.
There is the overhang of the share limit. Warrants will be expiring over the next 6 months which creates a bit of an issue. Something will need to give there.
Of course they need cash. They should be running on fumes by now. Is it to early to monetize the Sawston facility? Probably could get $10-15M or so from Advent, but might be too early for them to pull the trigger. A loan? Shares are obviously an issue here.
News on progress getting Sawston GMP certified is almost certain. What that news will be is unknown.
Flaskworks will have some progress reports, but nothing about how close they are to actual commercial production.
That should be about it for this year.
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