Sections 5 and 6 from the statement are copied below ...
5. EVENTS SUBSEQUENT TO REPORTING DATE There has not arisen in the interval between the end of the financial year and the date of this report any item, transaction or event of a material and unusual nature likely, in the opinion of the directors of the Company, to affect significantly the operations of the consolidated entity, the results of those operations, or state of affairs of the consolidated entity, in future financial years.
6. LIKELY DEVELOPMENTS The economic entity will continue to pursue policies which seek to provide sound opportunities for future development during the next financial year. Likely developments and expected results of the operations of the economic entity in subsequent years are not discussed further in this report. In the opinion of the directors, further information on those matters could prejudice the interests of the company and the economic entity because it may relate to matters which are currently under negotiation and premature disclosure could breach commercial confidentiality. ---------------------------------------
Do you think from 5. we can conclude there is nothing wrong with the outstanding Lorraine pilot production trial results ... if there were, it would certainly be significant and management would be in breech of their duties imo.
Do you think from 6. we can conclude that management ARE involved in interesting/material discussions?
Cheers Dex
EPG Price at posting:
45.0¢ Sentiment: LT Buy Disclosure: Held