""Giving an update on the trade sale process during an ASX event...

""Giving an update on the trade sale process during an ASX event in Singapore (Joanna) Hughes said the progress has been slow but it is now in negotiations with one party "

As usual shareholders find out third hand!!
WOuld not buy yet Durmo as there is still no certainty and if as she says in a few months there is no agreement they will end the process.......market will not take too kindly to that!!
Will mean a capital raising end of year or early next as they expect to have only 25 million at the end of this year and the rate they burn thru it that will not last long and they are looking at aquisitions now.........