RE: AGMBurn rate could be less once Endo takes over Phase 3 in Jan. However, I think the marketing/lobbying is going to ramp up on Econiche in the US so that will cost $$$. Econiche is a dud in Canada, unless and until government subsidizes and or mandates vaccinations.
Econiche is more lucrative in the US where litigation and proposed regulatory changes may force feedlots to vaccinate, in which case Canadian farmers will have no choice but to follow suit IMO. Horse vaccine = 2012.
Everyone seemed pretty upbeat generally and incredulous about share price. Blackout may be over very soon. I would think that the share price has bottomed here. I am certainly holding and perhaps adding at these levels.
Management got off easy during Q&A mostly because it really does seem that there is a light at the end of the tunnel. Graham spoke of being more conservative with his statements.
I would expect a NR before the open tomorrow.
That's all I have to say here. GLTA