Good post WW,
The Close Brothers report has forecast earnings for PYC up to 30th June 2010 (a month away) of AUS$2.1m.
I'd say that's about 5mths expenditure. They signed with Roche in late Dec. So by the end of June it will be just over 6mths.
Future break even point is becoming more believable.
They predict the $2.1m will be generated from the Roche deal and the second deal which is expected to be signed in 2009/10E.
Bring on the next deal!!!!!!!!!!!
Okay SClurnge, maybe not this week.
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