Ann: Appendix 3B, page-5

Unfortunately I don't think that's right Victorious. The market is telling us they have found basically nothing, the hits are small and there are plenty of duds. The slow news flow is testamount to this, the results are flowing in from the Lab better than it appears, but they have to wait for one peice of good news before telling us anything. We seem to be going through the same process again.

Hard to see how 1.2 support will hold when we have a likely 2 week news black hole. This is certainly not going to plan for me.


GL