WildOne: the 4c showed they started 2018 with $4.88mil in the bank. Then on 11th Jan they received their R&D tax rebate of $2.17mil.
In the 4c their estimated cash outflows for this quarter to be $3.02mil.
In late 2017 they forecast that for the first six months of 2018 they would complete six iv animal studies. This now looks to be spread over the full year which 'may' extend the bank balance till the next R&D rebate. In the last shareholder conference call I noted, the CEO reaffirmed they had funding for the 2018 program. Time will tell.
DYOR
PYC Price at posting:
2.4¢ Sentiment: None Disclosure: Held
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