9 contracts ready to sign/final stage19 Dec 2023 14:47
From the Nov 17th presentation- ilistened again last night
1 Good to see ithe in depth presentation. (50 minutes) , had an initial listen and a good slide fron Peter which broken down the 36 project into various sections and that pipeline was £1mln and can be a "top up process" into this pot. The current cash/equiv (+ new £130k grant i) of r £700,000 is good for the foreseeable future and not less than 12-15mths He said there are 9 of these which are ready to be signed. He re iterated the information from the annual report that they are targeting their best ever revenues (£1.0mln+ ) having already secured about £300k since June 2023 and with Merck back on board in August 2023 whom accounted for 40% of previous revenues (therefore about £300-400k) He expects that Merck will continue be a key client for PYC going forward
Also stated they would inform the market if these were to be beaten .