Kev, we need to explicitly define 'eventually'. Now would be a great time to announce new product offerings, forming a new base on recent relative strength. I have yet to see any article or analyst report that assigns 'any' valuation to TS, or Oncology for that matter. What if Afrezza jettisoned the Afrezza program tomorrow, what is the value of all remaining assets and IP? It would be great to see the smart people on this MB craft a pure TS valuation analysis.
Guess who would be on the hook for capitalizing special dividend payment.
Hakan promised to reveal two new TS applications today, correct.
I'll call my shares back the day execs stop selling their incentive shares in the open market.
Why would he resign - have you seen his comp package? I'd be a professional BS'er as well for that type of comp.
While we are whining about manipulation, reported scripts, AF, Karp, whatever - this is what truly matters:
From ESPN today "ALLEN PARK, Mich. -- Alex Carter opened his front door on one of the worst days of his life. The girl he asked to come over after his sister's death -- the girl he never met before but knew from Twitter and text messages -- stood there as he opened it.
He didn't know it at the time, but opening that door on Feb. 21, 2012 would lead to the second drastic change that day in Carter's life. He was 17 at the time.
Carter, who is entering his first training camp with the Detroit Lions after being their third-round pick in May, remembers the day his sister, Cameron, died unexpectedly of Type 1 diabetes at age 14. He heard his mom, Renee, scream early that morning. He thought she found a spider. Then Alex went to Cameron's room and saw her lying on the floor. He thought Cameron passed out and went to pick up his other sister at school before driving to the hospital.
It was there he found out his sister had died."
Cut mgmt salaries in half would add about $1M, which is 1-2 months of burn. But sure, they should feel some pain. $450K for the CEO is high.
My perspective: 1. at current spot prices no miners are profitable, 2. they are all cutting back, particularly investing in new mines, which will lead to a shortage in supply eventually and it takes years to get projects back online 3. financing is difficult to come by, 4. high debt miners are at risk, no debt miners are a speculative but potentially highly rewarding investment when the market recovers and there is little supply. The low/debt miners include: AUMN, MUX, others?
BTW, AUMN will be receiving a potential $5M annual royalty from Hecla for the lease of their oxide plant. That's over 30 of the current market cap, and liquid capital.
Absolutely agree. Plus potential $5M in annual revenue from leasing the Valardena oxide plant to Hecla. Time to start averaging down.
Not fact, speculation. Debt financing is an alternative, as well as more creative forms of financing - such as the recent equipment lease agreement with Hecla ($5M/year starting next year). I don't see them selling equity at a quarter/share, but if they have no better option then perhaps. Silver prices could also increase later this year, but I'm not holding my breath on that.
At $12.75 the picks will be any miner still in business. AUMN and MUX are the only two I'm aware of that have zero debt.