Ann: Shareholder Newsletter-AJX.AX, page-4

"Alexium is currently working to qualify toll manufacturers to begin preparing commercial-scale batches for these trial runs."

Just in case you were wondering what a toll manufacturer was ....

In a toll manufacturing arrangement, a company provides its raw materials or semi-finished goods to a third-party service provider. The service provider, who often has specialized equipment or infrastructure, provides a subset of manufacturing processes on behalf of the company using those materials or goods for a fee.


Also regarding the Full Year Target of $18.5m - this was from a month ago - NEW US AND EUROPEAN SALES FOR ALEXICOOL - released on the 29th August

“We remain on track to meet projected revenues of US$18.5m for calendar year 2016.

Also 6 weeks ago from the 15th August announcement
“We are well capitalized and remain on track for our forecasted year-end revenues.”