Andrew, In the recent FR Broadcast, Nick referred to all three current contracted companies in talks to expand their collaborations with PYC. Nick has subsequently confirmed those talks if successful are NEW DEALS that would come with new upfronts, milestones and royalties.
Effectively if current "GUIDANCE" is acheived we could have 6 or 7 of the top ten, but 10 or 12 deals.
They are late, they have missed previous guidance, the SP is trashed, but no evidence that this company is off the rails. And further perhaps expansion of deals may well be the cause of the delays.
Ifso humble pie will be on the menu.
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