QUARTERLY ACTIVITIES REPORT AND APPENDIX 4C
- Enforced compliance with legacy licenses generated cash receipts of over A$800k
- Completed the strategic acquisition of extensive IP portfolio from Siemens
- Sinopec Hainan project nearing mechanical completion
- Project in Germany under construction and anticipated to come on line 4Q 2017
- Growing pipeline of global projects to deliver or surpass previously provided forecasts
- Healthy cash position with A$4.5m held as at 31 March 2017 and a further A$460k of the
license revenue received in early April 2017
Just a reminder of last Activities report, thing's look pretty grim now but that can change quickly.
time for this gem to get polished, page-190
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