Revenue down a fair bit a concern? Expenses also down though, including staff costs. Wonder if they had issues last quarter (lost staff/unable to progress projects), hence the lower spending.
Good to see some guidance on what to expect regards to piloting result flow. However, expect this will take a while to complete so probably not much news flow until around the next FY?
Wonder if the shell deal is dependent on the success of piloting of new tech to optimise the downstream process? Current process not quite up to client requirements?
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-3
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