Hi Kitty or should I say Wiskers (thanks Gotta)
We certainly are in a very strong position in regard to negotiating terms with SS in relation to helping them. Like most in the kissing and cuddling stage of a relationship they are not interested in or financially capable of entering into any deep and meaningful contracts. Which is IMO why we have a simple co-operation agreement.
Both SS and VMT are in very weak positions at the moment in terms of negotiating a grand plan for a merger or takeover. They have no runs on the board we would be crazy to merger at this stage.
The important take home from the revised forecast is what's happening in the second half;
You may recall we had a 300K EBITDA LOSS in the first half so we a forecast to have a 20K to 230K EBITDA PROFIT in the second half. Not huge but certainly on the right track.
