Ann: Quarterly Report and Appendix 4C, page-14

yeah, hopefully the Syncrude deal does extrapolate out linearly. I was a little underwhelmed with the lack of detail re that trial in the report, it seemed a little vague. Anyway, fingers crossed there.

You’re right, landing these deals would be front heavy in terms of $$ spent on wages in tailoring specifics. Once we land the deals it would just become a matter of getting the product out and monitoring the early legwork. Things will economise, albeit wages have only been a small part of the outgoings. Product has been the largest %, so let’s hope that it’s because they’re potentially running these trials at a loss or close to it in order to get them interested.

Not all of our revenue thus far have been trials though, so maybe the co is pushing as many trials as possible irrespective of it offsetting our contracted profits.

If I were running the business, it’s definitely the way I’d be managing an aggressive growth. Excited for the next 6 months!