Ann: Quarterly Activities Report and Appendix 5B, page-7

"In order to better match the Company’s cash outflows to its inflows the Company is pursuing a number of cost savinginitiatives in the short term. These will be supplemented by a transition from a fixed cost model to a variable cost model,thereby allowing the Company to better manage its necessarily uneven cash flow"

Accountantspeak for "Staff - prepare to be outsourced" ?

My sympathies to the staff.