The story still looks promising to me but with only 450 mol shares on issue and still grinding down towards 3c each do we really know something that obviously no one else does. surely if they were at least truly close to the cash sustainability they have mentioned the sp would be up from here. At this point a couple more cr's will massively dilute the register if issued for millions of dollars at 3c per share. Shame they didnt have to pay up front for those recent incentive shares. that would be some useful cash and they would be sweating the current sp with us. The upside is with 450mil shares issued this could really jump if they ever do stumble on something one of the partners wants.
PYC Price at posting:
3.8¢ Sentiment: None Disclosure: Held
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