Correction.... The Company reported A$10.5 million in cash...

Correction....

The Company reported A$10.5 million in cash reserves at 30 June 2014, however as noted in the recently filed Appendix 4C the Company has set aside in escrow A$3.62 million to cover potential liabilities of its current employees, consultants and the former CEO arising from i) Notice entitlements, ii) Termination payments and where applicable, iii) Retention payments. In addition, the Company had been carrying as a liability excess annual leave entitlements. During July the Company paid down A$0.43 million of this liability. Estimated free cash at 30 September 2014 will be approximately A$3.0million