>It is very pleasing to see in the annual report that the ratio...

>It is very pleasing to see in the annual report that the ratio of
>current assets to current liabilities has turned around from a
>negative to a positive.
...
>This is an amazing turnaround and should give all shareholders
>comfort that we are now on a more solid platform to move forward
>than in the past.

Cash at bank has increased markedly to $10.8m, resulting from recent share issues and dilution.

Given they are making a net loss of around $2m per month I'm not sure how solid a platform that cash pile represents.