february 2012, page-9

Hi TH,

another SLT would be nice, those rights would have been close to 10 baggers for anyone who caught the top

I wonder if Tony Locantro has any of his 43m left? Paterson links there but also has his own fund now.

They could back a new project into it with a consolidation/cap raise if needed.

You might just get a few professional traders soak up and pump it or some recap directors replacing outgoing ones or it might just plod along with a slow burn.

I'm punting that something will happen in the next 6 months but just a gamble. Hopefully there will be some value extracted from technology sales etc.

It would be good to know the breakdown of the $1.6m costs Reiner001, shareholders deserve better than a one page release.

Apart from Oppenheimer, there are no sub holders i believe so should be easy to get numbers for a vote, but who would you replace with and what project? Those huge accumulated losses could be worth something for the right project?

Just another point i noticed, reading back through directors interests notices, only around 4k worth of shares taken by 2 directors at raising last year. All subsequent notices are shares given to directors as bonuses/in lieu of fees etc, don't see any buying by Jenny with those wages...........