Ann: Appendix 4C - quarterly, page-6

I agree, it isn't as bad as suspected even though they are still operating at a loss which in itself belies belief given they have been operating for 3 years now. As someone else said the next quarter isn't looking fantastic as they will need a revenue uplift of over 14% just to match the current quarter on operating loss but will be coming off the peak milk production period so that will challenging unless they have deferred revenue from somewhere. CDC operating is still in awful state, but worth noting not a reflection on the staff at the plant, with the messy site they are working from still in a state of complete disrepair and the production is so far down it is dragging everything else.

Not exactly an inspirational uplifting quarterly for shareholders.