good news, page-5

See it as a ruse. Money's would not be coming from those who are only buying the assets. It's not their problem. They would be doing their own due diligence. The proceeds from which would enable winding up and final accounts to be produced.

Those interested in a strategic stake are obviously going to put money in and hence a rights issue or something of sorts would follow. Half yearly's would then naturally follow.

Suggest, the requirement for money has been imprudently put out of context.

Will stand corrected, was it they who said that they are in search of an strategic alliance/parnter. Has something changed from this? The key to the strategice stake is what encumberances/ covenants they would like to put in place e.g. change the board/management, hurdle rates etc. dare say.

What is evident they are winding back their burn rate battening down for the finale? Flick the half yearly etc. shut down of Budd lake etc.

Would have been nice to let us know what cash on hand is at the end of February though.