Wilfram, Thanks for your sensible well constructed post....

Wilfram,

Thanks for your sensible well constructed post.

Everything revolves around the a) The Technology and b) our belief in the BOD to achieve its goals.

The reality remains the same. We have traded below the current SP and of course above it and that is fuelled purely by investor sentiment in the expectation of good results. Believers continue to speculate and the nervous head for the exit. IMO the latest announcement suggests something positive is likely to be announced in January at some point. Whether that news is directly related to successful testing or improved results or an interested party wanting to buy the business or a partial stake... or a combination of all. IMO this will be sufficient to create interest and volatility over the coming weeks and see an increase from today’s SP. Beyond that, well we will not know until the news is announced but repeating myself, when Management continue to invest with their inside knowledge that generally can be a sign of positive things to follow. Cannot see too many other reasons for the urgency of the ratification of shares and the coincidence of it all and why they would continue to invest in the Business for any other reason. I suspect good news is on the way in Q12019 but this is only my personal opinion based on the latest announcement.

Regarding my future expectations I will review my position at the time but I would imagine there are a lot of investors that would be happy with a SP of A$0.50 down the track. Me, I am happy with anything above A$0.20 and should a substantial offer arrive that is significantly higher then that’s just a bonus. Rather keep my expectations low and be surprised in a nice way.

Good Luck All and Do Your Own Research.