Ann: Response to ASX Query, page-25

When you apply for a patent you start with a few core claims and then go for every single variation your imagination can come up with with an expectation that a few will be turfed out. It's a lengthy and tedious process and a ballache to manage if you're a listed company with IP at the core.

I'm not worried about the patents... and ironically the more difficult it is to get the pilot plant rolling the harder it will be to copy. There may be further even more important patents or industrial secrets that are developed out of that.

Sentiment is a personal thing and mine's Hold as I have a shed load.