I didn't think I would ever post on Zylotech again...however,...

I didn't think I would ever post on Zylotech again...however, still having a modest holding, am somewhat intrigued by it all, and how it will develop. The recent announcements (2 Feb) on Expenditure Budgets and Continuing Operations sum it up well, if not with a fairly broad brush, while leaving their options wide open...

While the mining industry opportunity seems interesting, I have no idea how well established it already is.

To me, the final paragraph of the Budget Expenditure piece says it all.."

"The Company proposes to allocate capital towards the review and evaluation of new projects outside IT and Surviellance/Monitioring...in the event that a major acquisition is identified the Company will seek shareholder approval to change the nature and scale of its activities."

No real surprises there, more a question of what will it be?