Hi @Mijaga, it is hard to know, but PYC have a strategic plan which i am sure the brokers would be across. There is no doubt that to get to commercialisation more funds will be required. How they obtain those funds is the question. It could be that the results of the SAD / MAD trials along with the NHP results for the ADKPD could cause one of two things to happen.
Allow for a cap raising at a much higher price than where we are now at, or a deal with upfront money . My preference is a cap raise but the confirmation of another party having skin in the game could be more valuable plus it keeps the institutions and the brokers happy.
I think sometime early next calendar year is when it will happen but who knows it could be tomorrow
PYC Price at posting:
18.5¢ Sentiment: Buy Disclosure: Held
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