A very interesting Article OM.
Ohhhh ...... how do you sniff this Stuff out ?
How do we interpret it. ?
My thoughts.........
The India Govt Lower House are now close to the end of an investigation
into the bona fides of Coldry and Matmor. and intend to pay half the cost
of the R&D if accepted by Our Two Partners.
Whether the $US 19m. from the govt. goes to our Triparte, or is shared
with others I am not sure. and how much is payable on Work in Progress
We are yet to find out..
This will answer a few questions for a few who were debating the subject in
earlier days.
Although not management inspired, this is good news and part of a lot
more we should see in the coming months.
Thank you again OM.
Ann: Shareholder update - TEF Study-ESI.AX, page-85
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