Each one in plain English, with the numbers worked through for a shareholder.
31 Aug 2007annual report● NeutralMajor
Year to 30 June 2007 shows a $3.58m profit, entirely from a $4.375m cancellation of unallotted shares and options, versus a $9.2m loss before. Cash rose to $1.13m after a $1.5m placement at 2 cents; Yeelirrie acquisition completed for 75m shares.
Cecil Che-Cheun Lee, an accountant with over thirty years' experience in Hong Kong and China, joins as non-executive director, holding no shares. The company says his contacts there should prove useful.
Airborne survey over the 100%-owned Yeelirrie project found uranium-enriched sediments and weathered granite source rocks in tributaries feeding the main channel near BHP's 52,000t deposit. Ground surveys start next month, then air core drilling. Anomalies only, not drilled; no resource yet.
18 June 2007security holder rights change● Neutral
Reminder to holders of options exercisable at 10 cents that they expire 30 June 2007; last trading day 22 June 2007, payment due by 2 July 2007. Standard notice, no new information about the business.
Airborne radiometric-magnetic survey started over the 100%-owned Yeelirrie uranium project: 5,400 line km at 100m spacing, finishing end April, results by end May. Ground work and air core drilling are expected to follow the acquisition approval.
Company answered an ASX query after its price rose from 3.2 to 4.8 cents. It said it knew of no undisclosed information, and noted shareholders approved the Yeelirrie Minerals acquisition on 16 April 2007.
Half-year to 31 Dec 2006 shows a $3.9m profit, driven by a $4.375m cancellation of unallotted shares and options whose milestones were not met, not trading. PIXe integration showed 20-25% improvement.
21 Feb 2007asset acquisition disposition▲ GoodMajor
Conditional agreement to buy Yeelirrie Minerals, holding uranium exploration tenements of about 2,000+ sq km surrounding BHP Billiton's 52,000t U3O8 Yeelirrie deposit. About $500,000 initial exploration planned, a move beyond the PIXe and Kemeleon technology business.
AGM presentation repeating known facts. Kemeleon launched in China and 50,000 messages served via a TV show; Japan and India launches planned. PIXe reportedly achieved 25% improvement over h.264, with alpha release targeted January 2007.
Full 2006 financial report confirms the $9.2m loss. PIXe testing showed about 20% improvement over native h.264, against the 100% goal; options under review include more development and co-development. US patent expected early next year.
Year to 30 June 2006 loss of $9.2m, including an $8.8m impairment of PIXe, whose performance target of 100% improvement was not met. Cash was $0.51m. Directors are weighing how to take PIXe forward; Kemeleon launched in China.
Kemeleon MMS service launched in China from May 2006 via MTel China and Guangdong Mobile (China Mobile subsidiary), tied to a TV singing contest campaign running May to October. Directors call it a 'landmark agreement'; no revenue figures given.
Outlook statement for 2006 on commercialising PIXe video compression and Kemeleon messaging. PIXe live trials with Russia's MTS planned for second half 2006; h.264 compatibility milestone due Q3 2006. Kemeleon China joint venture said to be progressing. Forward-looking only.
Half-year to 31 Dec 2005 shows a $5.85m loss, mostly a $5.82m write-down of the PIXe video technology's carrying value. A $1.5m share purchase plan at 5 cents was completed. Company then focused on PIXe and Kemeleon animation tools.