The solid tree, page-23

I don't mind that there hasn't been an announcement yet. However a market update to say they are progressing still would provide some comfort to shareholders of their investment, because if we are honest this investment does almost feel like a gamble with how little the market knows about the company and its dealings.

All the articles are still speculation as to what may be happening behind the scenes at TSI.

Then again they may have other reasons for delaying an announcement.