I think the cash goes through to 2018 with r&d and careful management and 2019 if Genentech bite but don't be afraid of a cr as long as the share price is rising. In Ado the one on the way up proved very handy in hindsight and did bring in new interest and investors - something I would welcome in PYC. The more that know about it the better.
PYC Price at posting:
1.6¢ Sentiment: Buy Disclosure: Held
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