Ann: 2013 AGM Chairman's Address and Presenta, page-3

re: Ann: 2013 AGM Chairman's Address and ... well another year and no perceived change!.

Like this..."We have not proceeded with any new technologies until now and we have not made past
assessments public, as the likelihood of their progressing has been relatively low. Our methodology has been based on the following project attributes.........Although this list is relatively brief there are very few projects that meet most of the requirements we have set. The projects that Clive will now present on have met all these requirements, which is the reason we are presenting an
outline to shareholders. I will still add the caveat that commercialising science is difficult and the projects meet the criteria of being ‘fast to fail’. We will be able to advise shareholders early next year regarding progress with
proofs of concept for both projects".


so what has all the time been spent on - analysing projects that have been a waste of time (guess that can't be determined unless you spend the time reviewing them!!). Not proceeded with any technologies until now!!, past assessments not made public as their progression rated low - but as a SH would love to know what areas they are looking at/have looked at. Current two (did I read that right only currently two projects) projects will be mentioned early new year to see if they are to progress any further AND IF NOT does that mean there is nothing in the pipeline??? oh gosh:-(