half yearly- a significant turnaround ! , page-2

IMO the current results and progress on many fronts is very encouraging.

I feel if we can source a reliable supply of RMO and waste vegetable oils this will be the start of exponential growth. Good progress is being made on this front and hopefully it's just a matter of time.

Tallow and used cooking oil is still the principal feedstock used. It's too expensive. RMO/vegetable oils is our future.

We also need to expand our export market. Not only in the USA but elsewhere as well.

Domestically,the heavy machinery used in the mining industry runs well on a blend of mineral and biodiesel. I don't believe the mining companies have embraced biodiesel at this stage. I note that we are in the process of installing a blending facility in Perth.

Don't know how significant the award is from Deloittes for being the 2nd fastest growing company in the technology space but it's another positive to add to the list.
Don't think any brokers/analysts have heard of us so maybe we have come up on their radar.

If we can continue to grow profits as an end result of all the progress being made it will be game on in my opinion.

No problem having the capital raising underwritten is another positive. I could go on... but anyone interested should read the quarterly newsletter updates which are a good initiative from our Managing Director Andrew White.