On 14/6 I posted: "....My tip is that this company will burn...

On 14/6 I posted: "....My tip is that this company will burn through the next lot of cash before this thing is shelved and becomes a shell for the next project. We won't see our money again I'm afraid."

It pains me to say that given today's announcement we are well on track to do just that!

Well done Board and management - I hope you make sure there is enough money in the kitty to pay your salaries and directors fees....(YOU should be ok now that the acquisition is cancelled - shareholders...well, not so much!).