Explanation Required, page-33

No you're not far from the unfortunate truth fnbig1.

Loss after tax, 2018: $5.23 million

Loss after tax 2017: $6.71 million

Including over $3m in feeding too many upper management snouts in the trough, and that is only likely to get worse. Our "pipeline" of solar assets are low margin and the projects where I feel we could have made a decent return, biogas, are now 70% gifted to our "partner". Plus we sold off one of our two biogas projects (potentially the biggest profit makers for our company) at a loss, probably because if we didn't sell we'd be insolvent now. And by doing so I believe we have made it a lot harder to obtain further grants from the Government. The share price is a good indicator of where we are at and where we are heading, unfortunately.

I'm guessing a similar loss for FY19 as we take on new cap. intensive projects, so we need to find another $4m to $5m in funding.

BM, fingers crossed some of your predictions come true, because without them and pulling a rabbit out of the hat it's either sideways or down hill from here (think multiple highly dilutive cap raises and inevitable death spiral in SP). CCE mark 2.