MX1 - Appendix 4D and Half Year Financial Statements

* The Company is only eligible to receive its Research and Development (R&D) Tax Incentive as a cash rebate when it records aggregated annual revenues of less than $20 million. At this point in time, it is uncertain of meeting the revenue requirement and the Company has therefore taken the conservative position that its eligible R&D Tax Incentive be disclosed as a tax loss offset rather than a cas