Ann: Amendment to Quarterly Activities Report, page-3

I saw this on Friday but did no want to comment until now just in case I pushed the market up. Anyway, I managed to top up at 29 cents this morning. It's all in the latest report and now the US is buying from BUB, also goats milk. The stars are aligning perfectly.

31 March 2022 Quarterly Activity Report and Appendix 4CQuarterly Highlights• Strong momentum achieved in Nuchev’s Australian retail with 36% growth year on year; offset bysubdued sales in the Cross Border E-Commerce (“CBEC”) channel.• Continued strong Oli6® performance in Coles for the quarter, soon to be supported by ranging inWoolworths from May in 455 stores nationally.• Gross Margin consistent with prior quarter, reflecting the continued brand strength, pricingdiscipline and value chain enhancement.• Total Goat Milk Infant Formula (“GMIF”) for CBEC performance has slowed since Double 11 drivenby highly competitive market pricing.• Net revenue for the quarter was $1.8m, down on Q2. Most of the variance came from lower rawmaterial sales in the quarter compared with the previous quarter.• Net cash outflows during the quarter were lower than for the previous quarter, with the closingcash position at 31 March 2022 of $5.8m. During the quarter Nuchev established a facility of $2mthat remains undrawn.