Doniac, I would expect the revenue from Le Metier to be slow and nowhere near enough to sustain the company.
The big 'hope' for PYC in the next few months is Janssen, with a royalty possibly into 7 figures? Even then, this will not last long. If possibly buys a few months to negotiate other deals, but with the pace of deals being a little slow of late I'm not holding my breathe on this outcome !!
In the annual report they did say that they were thinking through a range of options, including coming to market to raise capital, which is what I suspect will happen. Hopefully not under such poor terms as the last one...
PYC Price at posting:
2.1¢ Sentiment: None Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)