Sydney IP, page-14

Thanks H,

Yep - although consolidation should (in theory) not impact the SP, it always does. To complete a tidying of the registry after good news (IMO) is not the best - I say we need to bite the bullet and get it done sooner rather than later. I would suggest a 10 : 5 or similar will not be too far away...should see the SP at 20c?

After reading your first post, the final comment is interesting? We will probably not get to production? Is that a suggestion of a T/O?

As I have said many times, IMO / DYOR - a T/O is the best option for the Co. otherwise we will be in for further dilution and a slow turn-around (3 years) to actually start to make income. A T/O this year for me, is the most likely outcome.

Thanks for the info Gents - appreciate it.

Cheers