RCE recce pharmaceuticals ltd

Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-13

  1. 106 Posts.
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    Interesting to see Recce say future costs will be covered by the R&D rebate.

    At 30 June 2024 they owed almost $10 million for advances they had received in relation to R&D rebates from Radium capital.

    To cover that debt they would need $23 million in R&D expenditure!!!

    Can't see much left for other expenditure once they repay Radium Capital!!!!
 
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