finance, page-15

Rifici you dismiss the ability of the company to earn a profit this calendar year.

I dont think we can dismiss that at all.

We have the factoring facility in place and the loan from MFC to cover the PO facility not getting up in time.

These point towards the $20m target being acheived.

Anyway, the annual report is due in the next 2 weeks so we shall see what is in the chairman's report. They are normally pretty good reads