I have to say that this announcement is actually a bit unsettling. The desire to land new business is starting to mean nothing as MOU's previously signed never progress.
The strategy in play it would seem is to cut costs to survive long enough that their final play in America saves them.
JT we must remember this has actually been trading in the 2 cent bracket now for a long time.
I know you think I am always negative and would like nothing better than to be proved wrong.
Clyde
Ann: Business Update, page-3
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