PYC pyc therapeutics limited

How does the company (as stated repeatedly in updates) see cash...

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    How does the company (as stated repeatedly in updates) see cash out to end of 2018 when clearly it’s mid year at best with $3m burn a quarter ?

    Is it simply “hope” of securing a new deal ? And one with $6m upfront ? given that would be simply whats required to continue on the burn rate for rest of calendar year.

    Granted a tax rebate will come through but that’s not usually recieved until early in the following year and usually a quarter at best of funding.
 
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