Thanks @jsbusermy view is get the option with them currently and...

Thanks @jsbuser

my view is get the option with them currently and then we potentially will have more cash down the track to venture into projects without too many partners etc.

With regards to with the cashflow etc, the next project, I believe has already been partially funded per a previous announcement, I do not have the reference point for that on hand as I am a bit tied up at the moment. But I think like someone had also previous said a insto placement etc will become handy down the track which allows the company to tap into growth funds.

Short term holders would love a TO currently but long term you would not want it. However, if a takeover comes up Fidelity and that will want it because they look like golden stars to there stakeholders.

This stock has too many potential projects on the table at the moment and to have a TO happen on just one of them is disappointing.....asthma and that is where the money will be plus the benefit to everyone around the world.