Demonstrator application, page-30

Not necessarily.

The Officer Basin exploration permits have some very good leads, a couple of drill holes to back up the gravity survey might suffice to get a larger explorer/producer to get involved and buy the permits outright or enter a JV agreement with follow up drilling funded for us, like Oz Minerals has done with the West Mulgrave exploration.

As for the memory ink a demonstrator application may be enough to attract interest from other printed electronics companies, not unlike Xerox buying ThinFilm’s printed memory technology which is quite limited with the amount of memory it can store.