New Moonie dropped?, page-21

I don't read it this way. New Moonie may be a an embarrassment (especially for RC) but I'm confident the interest from the Vic Govt and CSIRO (who are already existing shareholders) and ARENA is real and they definitely would not want GSL to fail. Also Tasnee - the newsletter highlights increasing materials sales, many of which will be based on Tasnee product (TiO2).

In addition, while I'm still not comfortable with Turkey from a political/human rights point of view, I think the potential is significant and real for a substantial manufacturing presence in proximity to Europe.