Ann: VHD Technology - Thermal Performance Breakthrough, page-63

I think the market reaction to the good announcement is typical of a small cap resource stock in the current environment. I’ve seen the same reaction time and time again over the last few years on numerous other companies in the small cap resource sector. I don’t think anything to be overly concerned about and there are a lot of good things going on here that arnt being reconised or valued. We are certainly becoming more and more de risked whilst maintaining pretty much thg same MC. That’s not such a bad thing especially for those wanting to top up as the derisking happens