financial statement is out!, page-20

If ever we needed a vote of confidence in TZL and future opportunities, it is in this statement:

"TZ is currently in discussions with QVT in which, if agreement is reached, the terms and condistions of the notes held by QVT will be restructured to remove the requirement for TZL to pay the interest to QVT for the 2011 calendar year and, in exchange, TZ will issue further securities to QVT, likely to be in the form of additional options to acquire ordinary shares."

Just watching Bloomberg. Next year will be a search for yield. After emerging markets, number 2 on the list of opportunities was infrastucture investment. Looking for companies that make the software, and the back-end of Cloud/data centres etc., more efficient. Key to success in this market is identifying companies that show leadership in their market.

I know one that ticks all these boxes. Seems QVT think the same....:)