PYC pyc therapeutics limited

Ann: Dec Quarterly Update and Appendix 4C, page-7

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    Forecast spend for next quarter seems to indicate 1.5 mil would actually be conservative and the new normal might be 3 mil a quarter. Hopefully the dramatic ramp up in cost is as a result of heavy investment in actually getting what the potential clients want to see put in front of them. 2.4 mil R and D next quarter should indicate they are not messing about and should find some serious outcomes, and hopefully none of that is going to consultants this time. With the current forecast something needs to happen to generate a serious chunk of finance in the next 4 months
 
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