They've already exceeded their initial milestones on output..
While the budgeted Year 1 annual production target was 10,000 ft3, CFO met, or exceeded, this annualized production rate for three consecutive months (August to October 2016). This was achieved prior to formal legal ownership of the research and development business
Current CFOAM® output now stands at approximately 12,000 ft3 per annum, and is increasing commensurate with sales and market demand of the CFOAM® product
The continuous improvement programs already implemented and discussed above have achieved realized gains of over 20% in both CFOAM® yield and quality of foam billets produced
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Ann: Operational update, page-65
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