Replies to post #79598 on Amarin Corp Plc (AMRN)

[Whalatane]

sblfe your statement



"They started off year w/ 106.9 mil in cash so u net that and you have 43.5 mil left at the end of the year. Now they expect to be cash flow positive from operations at year end so all you have is the reduce-it expense."

So
1) Do you really think they would allow cash on hand to decline as low as $43.5 m ?
2)If R&D ( R-IT etc ) is $30-$40 M in 2017 and R-IT results won't be published until 2018 you are getting very close to stall speed .

Bottom line IMHO
Their cash burn is still to high
Their script growth is to slow .
JMO ( I'm not short by the way )
Kiwi