The closing comment from the auditor in this release pretty much makes our position clear. I really hope we have some contracts in the pipeline ....
"Significant uncertainty regarding continuation as a going concern
Without qualification to the review conclusion expressed above,
attention is drawn to the following matter.
The half year report indicates that the consolidated entity incurred
a net loss of $87,556, 000 for the period ending 30 June 2008 and,
as of that date, the current liabilities exceed its current
assets by $11, 071, 000.
These conditions, along with the matters set forth in Note 7,
indicate the existence of a material uncertainty which may
cast significant doubt about the consolidated entity’s
ability to continue as a going concern and whether it
will realize its assets and extinguish its liabilities in
the normal course of business and at the amounts
stated in the financial report."
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