real or fake, page-8

Forlan,

Do you still hold out of interest?

I really struggle to understand the negativity sometimes if you do. I'm disappointed to at the progress- and what seems to have been the wrong direction for much of the last 6-9 months.

But I'm reassured by the following:

1. We have $19m cash
2. AS has been buying, at much higher prices
3. The other parts of TZ are profitable
4. The potential of intevia is enormous
5. There's been nowhere to hide in what has been carnage on the ASX.

They're reducing costs, and hopefully, narrowing their focus- if they can successfully get cashflow positive by the middle of 2009 (and that seems a real possibility), then they're well placed to come out of this mess.