OXFORD BIOMEDICA (OXB): MODERATED CHART AND DISCUSSION THREAD

Bakunin.
Yes
The milestones then cover other costs.

Who says $20m would be pushing it?
Dont forget that OXB themselves have posted a slide showing the terms they expect. They'd be foolish if they were being too optimistic. & most here know that foolish isnt usually a word used to describe OXB.

Even so. Even if the upfront is only $15m
They'd still have that and the current cash pile.
So why would they need to raise funds - they wouldnt, simple as that.