wanted to know wether it's gold mine or dead donkey?

THE RISE WILL COME FROM
1) Successfully raised 15 million
gross to meet working capital requirements.
2) we remain confident that the
Group will be cash flow positive during the first half of 2004 without recourse
to further funding.'
3)
Significant cost cutting measures have been taken and will continue in
the second half of the year. The Directors are confident that these measures
will reduce cash overheads to less than 21 million per annum by the end of this
year.
Turnover up 21 per cent to 28.9 million (H1 2002: 23.9 million,
restated).
The Directors confirm that current trading is in line with
expectations and that they remain confident that the Group will be cash flow
positive during the first half of 2004 without recourse to further funding, as
stated in their announcement dated 18 July 2003.

stockdreamer
Yes there is life in IAL, but we will have to be patient with this one.