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Re: Whalatane post# 9756

Tuesday, 07/02/2013 11:47:33 PM

Tuesday, July 02, 2013 11:47:33 PM

Post# of 426263
You keep asking the same question. Let me do the hard work for you.
Amarin has 200M cash as of end of Q1. Cash burn for Q1 is 60 mil. Joe Z said cash burn will be less in subsequent Q due to reduced expenses and increased sales. Let's be conservative and say cash burn are 50 mil, 40 mil and 30 mil for Q2 thru Q4. Then we reach year end with 80 mil cash. ANCHOR will start bring in more cash by then with a partnership being the worst case scenario according to Joe Z.
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