I don't think jelli grow will be a big earner like the lyocell should be. But fantastic if it can pay the bills, slowly scale up, and limit future raises.
From a cash point of view, great also that fibre sales from future spins will be sold rather than given away for testing. Also good to see that batch of material sold for the leather focus.
These are probably marginally profitable at best. But they help on the cashflow side, and what's probably more significant is that the sales demonstrate customers are serious.
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Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-8
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