I concur,were. Since the Taiwanese Co is private, I think the following quote from a previous report is valid.
"For example, we are concerned that the proposed terms could be indicative of the Taiwanese company not having the independent financial ability to meet its commitments under the agreement without the ongoing financial support of Progen leading to a possible scenario where Progen may have to loan more monies to the Taiwanese company to allow it to complete the trials. We believe more due diligence is required on this matter. As explained above we have addressed these concerns in our correspondence with the PSG and, as at the date of this notice, await a detailed response."
My thought is, will the &64K question be negative??lol. regards K
PGL Price at posting:
75.5¢ Sentiment: None Disclosure: Held
