I always tune into the RENU discussion as my form of Soap...

I always tune into the RENU discussion as my form of Soap Opera.

Sydney appears to carry Bakeman's optimism that was evident 3 years ago, when I suggested that administration was on the horizon for RENU, Bakeman was horrified. Maybe Sydney will be there after another 3 or 4 capital raises.

I feel I have something to add as I was the one who put the SCA deal together for them that saw the SP hit highs and an opportunity for them to role out the program to 80 sites. Unfortunately management rolled our 4 sites and then sell an amazing pipeline, some of that management has gone but some are still there.

I will be amazed if the Tax Losses be utilized under the similar business test, so in my view carry a misleading value.