the positive vibes for GRV doesn't preclude highlighting the...

the positive vibes for GRV doesn't preclude highlighting the cash burn rate and with several new senior managers hired recently this cash burn rate is accelerating. Until the news on Twin Peaks is published we are all guessing how long and what the results will look like. Meanwhile there have been a large number of Performance Rights issued to the Board and Managers. The SP reflects all this at present and has been in a holding pattern for the past month or so. The recent announcement on Alpha has done nothing to change this, if anything there are more sellers in the short term. Keeping a critical mind on what is going on is potentially worrying which is all I have indicated at this stage.