Ann: Coldry Process Intellectual Property Update , page-13

re: Ann: Coldry Process Intellectual Property... "Tincom commitment to establishing a coldry plant,by placement and putting in the $$$$$"

Hi PAZ.

I assume you are referring to the money for the 5.2c options?
If so, as far as i recall,
that figure was not in light of establishing a Coldry plant.
As i recall, it was in light of the agreement to allow 'Victorian Coldry' to share the marketing rights for the International marketing of Coldry.
So until that marketing is ready to be done,
and considering that there was no deadline for the funds to be transferred to us nor for the Shares to be issued to Tincom, and considering that Tincom are paying for the feasibility study for the plant, then i don't expect the money in any case.



Cheers


L