the article from our mate in the Business Spectator is missing some facts.
Aren't PRR going from Phase 11a to Phase 111??!
A major diff.
Also the Pfizer link is tenuious at best with an ex Pfizer research manager now on board at PRR. however the direct link to pfizer is there and I would be surprised if they (Pfizer) are not already up to date with the info needed.
This cash injection is a major coup. The funds invested (loaned) almost double the market cap and will ensure that PRR have the $$ to get to or close to completing the Phase 111 trials.
This is not like someone investing $25m into BHP. This is a serious leg up and one that would not be undertaken by a potential investor without a complete background check and a chance of good ROI.
Interesting days ahead.
As Willy 2 hands used to say. Pennys to Dollars.
And a great cause to boot.
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