fact before rumour, page-2

The one fact that can be confirmed for CMQ is that there is one order for their product from South Africa. The order is for one tpy of product representing 5% of the initial plant production of 20tpy. The total South African market is 5 tpy.

This order was announced on 15/11/2002 [about 16 months ago] and no further orders have been announced.

With the plant nearing completion of commissioning [?] one would expect the sales position to be clarified. The operational costs of running the plant would start to impact on cash reserves with little income from sales.