Ann: Half Year Accounts , page-6

What is the story behind the Hindmarsh debt? Interestingly, Mega uranium's (Mega Hindmarsh being a subsidiary) share price has been on a steady rise since December. They have recently purchased 11% of another company, which suggests some cash flow, but are however selling off by farm in, a good $2mil and possibly more of the Kintyre Rocks uranium project in WA. The bottom line is, I think they won't let go something of value, remembering the project was initially a uranium project which is Mega's core business........watch this space.