Some straws for clutching!
The financial statement is up to 1/7/06 since then there have been 2 placings
31st Aug £81K (to pay a bill!!)
11th Oct £475k
This gives the current balance £873k less running costs
Is the statement
"The Board will need to raise additional funds to accomplish ..."
just refering to Aug and Oct placings!
ZYC300 at 1 july would not be at its current stage. So is it now at state where milestone payments are due? (Phase 2 started september)
OSI Pharmaceuticals - have the milestones been reached now??
Cheers
Mike
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