Page 11, Q1 Investor Update (Mar '25)
Supporting document covering activities relating to our pipeline, (RP11, ADOA, PKD, PMS), clearly indicates, PMS go/no go decision due anytime between now and end of CY2025.
The other bit, is a big guess on my behalf that I am suggesting the possible departure of a key person maybe linked to the direction of PMS. obviously there are other ways to speculate on the reason for the cancelation of those (3) option entitlement provisions. Could be simply an employee has had a change of personal circumstances, etc, etc.
Either way, I trust the judgement of our leadership team and if we are a 'go' for PMS that is well and truly ok for me and similarly if the decision is 'no go' I am equally ok.
As always PYC investor updates are most interesting, and we won't know one way or the other until we do know officially from PYC.
Best wishes to all
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