Ann: Appendix 4C - monthly , page-4

kenny

if you read the whole section, you will see that it is a cut-n-paste - the whole thing - they haven't bothered to overly edit for the ASX..

if they were still looking for a cornerstone investor, Luxinvest wouldn't be in the game in the manner they are -- sure some further $ is required to set-up production facilities for Maul, but this could just as easily come from Colt with the company giving them a great licensing deal for fronting-up the capex, meaning then possibly, no further substantial dilution..

remember, the Luxinvest team have a very vested interest here as well, and they don't want to be diluted right down either - so do you suppose they went to all this effort to get screwed at the first post??

i find that difficult to believe...


good luck