new announcement, page-12

you may be onto something Bush, thought crossed my mind also. TTY dont seem to have a problem with IRL although i think their shareholders and probably directors would at present be very cautious in loaning $. nothing against IRL but they would be looking at tidying up loose end in house and regaining shareholder confidence imo.

Possibly may see Nobel group step out on their own? although not sure how deep their ties are with MK, my take is that they must have had some sort of falling out over recent MON events.

lets also not forget the wealth of some of the indian families, theres untapped billions over there. I think the trick though is definately securing funds without a capital raising/dilution as such. Prehaps convertible notes to a substantial and wealthy backer.

many options out there will be interesting to watch how IRL management attack this one.

cheers
Davo