Short Term Trading Week Starting: 1 Oct, page-17

TTL 173.7m SOI
$1.5m cash plus a con note to Primex $200k face value
T20 Own 53%
$MC 3.47m @2.0c

This shell has recently whittled it's cash burn down to near zero and has begun to structure for a vend. Patrick Burke from KRX and TNO was appointed just a few days back which may give some indication of direction.

With a register full of names like Tolga, Tomsic, Neesham et al and a tidy capital structure its very well positioned to re-rate on a decent deal. last few days most of the sell depth has pulled and buyers are now beginning to step forward.

I'm guessing a deal won't be too far away.