RE:News? Yes, indeed, the wording is hard to decipher and / or misleading…
When does SMB intend to release those “major milestones results…” (already known?) “… that will….” (future time) be used to “… provide scientific credibility” (no such credibility was evidenced so far?), “… in due course…” (and no longer “near-term”?)
If the results are outstanding (even if not directly mentioned as such), why is the deal not yet closed with this “third party”? Do they privilege the financial “target”, rather than the deadline?
Plus, I do not really like this dichotomy: the “third party” versus “potential partners”.
IMHO, management seems to indicate that their previous strategy has been adjusted (for unknown reasons: good or bad?) and that the initial deadline (Q2-2016) is questionable…
… and the waiting game goes on…
GLTA
Haiduk