Ann: Appendix 4C - quarterly, page-50

That's a fair viewpoint imho.

I've taken on a mild-moderate position in FBR. I believe they've got significant patents that provides them with a reasonable moat. But progress needs to be a lot quicker. THere's countries with far more big-brain human resource capital available than in AUstralia that I think have the competitive edge in that sense.

I'm annoyed in management quite a bit. How much of that 60 mill could've been used for faster progress? How many new Hadrian's could we have built for 60 million?

How many builds with current machines would that 60million have given us and how much more provision and security would it have provided for the company?

They better hope they announce some impressive stuff soon.