Ann: Annual Report to shareholders, page-24

I didn't really want to post this but I think it might be useful for investors. This table was taken from one of the prior announcement and I was commenting on the full year statutory accounts when I first used it.

https://hotcopper.com.au/threads/an...tatutory-accounts.3654825/?direction=previous

Old projections

And these are the new projections which are still in the planning phase, must be a tremendous plan they have going.



In this thread I also asked how the company would be paying for this, given that salaries are now over a million dollars, the full year statutory accounts post in October it was stated thus.



The current cash at hand is listed as $588,682 on page 73 of the annual report, which covers roughly half of executive salaries. The company has R and D incentives receivable at $2,047,139 but given the grants given to the company it's difficult to tell what pool this comes from. I hope the money is not the same that they secured for Indian project. I'm also yet to hear of any solid fuel sales and the 4 million from ELF facility appears to have evaporated almost instantly.