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Ann: Investor Presentation, page-9

  1. markhughes
    557 Posts.
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    06/08/19
    12:03
    Post #: 39881484
    PXS avoiding the asx blood bath thus far.
    Expectation for bronchitol alone is $17mil per annum. Cash burn has been about $19mil past 12months. Once royalties received they have to start loan repayments, but this is offset by decreased R&D spend (observed in last quarter). This little engine might very well chug along to self sustainability within the year. Question in 12-18mths might actually be how best to use capital.
    I think holders know that the tide is turning
    DYOR
    PXS Price at posting: 22.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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