What's interesting is that they still have Novaquest on the hook for another $20mil, but they clearly reckon they can get a much better partnering deal elsewhere.
Good to see buying interest starting to build again.
First part of re-rating is to get shares back to 20c.
No reason we can't see 65c down the track if and when newsflow kicks in. That may be as early as the end of this quarter,as the company has said that's when it's hoping to announce partnering deals.
Great risk/reward play at the moment, IMO.
Ann: 2013 Annual Report to Shareholders , page-8
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