Ann: Change of Director's Interest Notice , page-5

Novo, we may not need to wait until the next quarterly report, ....according to Ted's recent report to shareholders, he expected "significant progress by the end of Feb 2012" regarding capital raising efforts for the Egypt venture, after which they will be able to pay PPY Aust for the equipment etc, etc.
Only 16 sleeps to go.
Surely, such a momentous event will be accompanied by ASX releases. ....... unless of course nothing actually eventuates, then the silence will be deafening.