RE: How I see this playing out. Sorry restating the last paragraph. We should be getting around 50 to 80mm in up front Urocidin payments for the world. (we got 38mm last time with only phase 2 in the books) After paying out the Paladin debt we should have 20 to 50mm in cash. After selling the VMC for 50 to 80mm (as I am told it is worth with GMP), we should have 45 to 105mm in cash and we still own Urocidin and AH. At that point they can sell Urocidin outright for 150mm?? Giving us somewhere around 1.95 to 2.55 a share in cash with a growing AH business.
Not sure why we have to sell AH. Just get lean and sell the VMC. Something the current administration finds impossible to comprehend. GL
beech