"We really need those earnings announcements guys."
I'm not sure exactly what earnings announcements your expecting ? ?
The last update provided cash position as of 31/12 with funds earnt so far this year included. Earnings remain on track with current expenditure VS CIB outlining until atleast mid-year, unless of course further partnerships are signed providing upfronts to push the timeframes further out.
If you're referring to Roches payment, i'd say PoS summed up the deal pretty well with $500k'ish due from Roche on completion of the intial stage. The important & exciting aspect of Roche validation is they are now moving to the second stage which will be where Phylogica enters the area of lucrative payments as milestones are passed. Looking forward to news outlining the next phase here.
It's a jus the nature of biotechs with people sitting quietly going by unnoticed... lol
The time will come.... :-)
PYC Price at posting:
6.9¢ Sentiment: None Disclosure: Held
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