Management have been very clear in their messaging, 2591 read...

Management have been very clear in their messaging, 2591 read outs the goal post, dividends unlikely.

The strategy is it seems here is they will have close to $200m AUD on hand by years end (variables ROW upfront and expenditure), puts them in good negotiation position of partnering 2591 or in fact a TO event.

Make no mistakes management know the value of these assets/pipeline including the x 100 potential, given what seems the strategy to maximise value of the assets/pipeline, I think they would be very cautious about what they would put forward to share holders given some of the low ball figures some would be happy with, clearly not recognising the true value of Trof asset let alone 2591.