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Our last announcement late November with news of the signing of the MOU with this global company saw the SP go to 20.cents, with a few profit takers coming in we dropped to this level, but when you look at the volume it is miniscule so it is very good support.

I understand that the feasibility is almost complete, they are at the tail-end of all the design specifications. Now to have been chosen from all the other aquaculture companies to advance, and remember we already have a very successful farm operating in Malaysia tells me that we will be the company to start this large scale farm.

Our chairman said at the AGM in December that this multinational wanted to enter the aquaculture industry for all the reasons I have previously mentioned, and he said it would be the start of something very big for CAQ that would put the company on the map globally.