Ann: Annual Report to shareholders and Appendix 4E, page-4

Delighted to be a long term holder. with the AUD weakness once this has a partner it should be an interesting play.
"We arepresently engaged in discussions with multiple partiesin the US and remain optimistic that the consistentrecommendations made by third-party evaluationteams to do a deal will make its way through the CSuite in due course."
Also on a basic review of the P&L it would appear that it at least deserves a mkt cap of around $60m (5.5c), however there appears to be a huge overhang of burnt initial investors frustrated with the delays.