Basically the update was them saying yeh all this is happening but we didn't think its was worth letting you know because at this stage we don't if its going to eventuate to anything. Defiantly happy its happening but they have said before they were working on multiple projects in various divisions we really haven't been provided with anything new other then a tad more detail on what the projects are. Still could be 6 months away from signing the contracts. My point was people raving about $1 - $10 SP and takeover deals need to come back down to earth.
Ann: Response to an Article in Australian Financial Review, page-21
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