In the article from the Cairns newspaper on Friday: "the company...

In the article from the Cairns newspaper on Friday:

"the company was now close to making major positive announcements which would shore up its future"

"During the next couple of weeks, announcements involving a major reduction of the company’s debt and several major projects are expected."

http://www.cairns.com.au/article/2008/04/04/2867_local-business-news.html

I expect this to be trading back over $2 once the concerns about its debt levels and funding are resolved. Easy money to be made here, imo.