i think the situation for a potential partner is very simply...

i think the situation for a potential partner is very simply especially if they are looking at ALT's balance sheet and cash burn over the last few years.. Simply wait an ALT will go broke developing the product - then buy the pericoach and burette for a bargin...why go into business with a company which is on a direct path for liqudation and cant sustain itself over the long term?

the cold reality is that ALT needs a partner more than any partner needs ALT..

Also it appears the message for this years agm is no different to the last 5 years - "this will be our year" i can distinctly remember MM saying that over the last 2 years AGM's !