ann: annual report, page-27

So the MCap has just exceeded total losses - of about $115m. Suppose will pay no tax for a while.

Whilst other companies have seen directors minimising cash burn, where is the evidence abm have done this?

p107 loss 15m, last year 12.4m

Awful lot of options (p115) of 400m shares between 0.01/0.015 given what over 3 billion? shares on issue.

Would you say that the ANZ loan arrangement is a bit more than a contingency, rather a given?

So at what sp was the last cap-raising? Raised 20 odd mill ??

Chuk your last name isn't Zimmermann is it?