Cash backed at 1 cent, page-11

Things take time and this company isn't burning through cash like most.

Recent annoumcements

Speeding ticket response

It is noted that in its most recent Quarterly Activities Report, the Company advised that it had actively reviewed a number of projects across a range of commodities and countries and is confident of securing a project that will add significant shareholder value. The Company also noted that it had expanded this to the review of opportunities in the IT and Biotech sectors. The Company continues to review opportunities across the Resources, IT and Biotech sectors.

Recent appointment

Mr Tarratt has an extensive background in capital markets, accounting and corporate advisory with a specific focus on small cap Australian equities. Mr Tarratt was previously a client advisor at Patersons Securities and partner of a venture capital firm. He has been involved in the recapitalisation, restructuring & acquisition of assets for numerous ASX companies


On no news it was easy to knock it back to this level and short term traders probably jumped out to chase others that were running ....give it time and I think this will do well

...wheels look like they are in motion as in the announcements

Diesel...