Tz put $1.5m into a cash trust. This is probably for a fixed term which is why it is not included in the deceptively low cash balance. Lets hope tz uses that $1.5m before doing a placement.
I see no reason given as to why receipts were down. Instead they stress increased costs due to signpost and adam. I cannot see any increased costs over the previous quarter. The negative impact has nearly all been down to a $1.4m reduction in collections. Why not point this out TZ???? Rather than attempting to distract.
Coles.....like I said...forget about it.
OEM cabinet deal. Almost 2 years on trying to land a deal.....forget about it. File it with the China and India licensing deals among others.
Adam: Our best hope. Why? Because we don't have to try to sell anything, which lets face it, is our worst skill.
To sun up. This is yet another quarterly which attempts to paper over historical cracks of the previous quarter by portraying a shiny future. Modus Operandi.
Deliver please TZ. Instead of talking about delivering one day.
TZL Price at posting:
15.0¢ Sentiment: None Disclosure: Held
