Amarin Corp Plc (AMRN)

[IgnoranceIsBliss]

MRM, it's pretty simple now -- Cash erosion has to be managed until Europe becomes a real revenue generator.

I just don't know how long that will take.

But look at expenses vs revenue. $43mm expenses Q2 vs ongoing revenue per quarter, in the medium term, of maybe $30mm. Let's say that's right.

So you burn (be conservative) $15mm per quarter. You can do 2 years of that and still have $180+ million in cash in the bank.

I would think that in 2 years Europe has to be up to at least $100mm, and with an authorized generic in the US you can hold $100mm per year indefinitely.

I can't see any way we go broke. And there are upside catalysts out there -- the Hikma lawsuit specifically.