question, page-8

re: question - thnx chris, phil75 I think if they place some machines OS (North America, Europe and Japan....) over the next 12 months then there should be a large enough cash flow to accelerate R&D into new products/enhancements to keep a head of the competition.

I think OS placements are important for R&D as I figure max revenue out of Australia would be in the order of around $10mill. with say 100 placements, given a 10-15% margin, that leaves $1.5mill. for R&D. Enough for steady growth, maybe not enough to run with the wolves in todays fast changing enviroment.

Having said all that, my guess is IMI should... be valued at around 3c-3.5c at Jun06 if all goes to plan with a staedy rise in the second half to around 4c-5c, given cash flows, at the end of 06 and 2007 being crunch time.

regards.