Ann: Company Update, page-31

I wouldn't worry - they still have $1.5mil in the bank and oppies exercisable at 3c which will generate another mil which expire at the end of the year. I shouldn't imagine it would be too hard to run the price up above 3c. I see them making a further investment of another 20% or so first to keep the asx happy - then finalising the rest of the deal later with scrip once the share price has run up. We will see.