Ann: Appendix 4D and Half Year Report for period ended 31 Dec 23, page-9

Ohh dear, not the greatest result but still working through overhang from the few hard years. Going forward we have good contracts but it's all going to take a while to play out. Fy25 EBITDA Forecast is good but market will be very wary of this as there has been big downgrades on forecasts in the past. SP smashed again after good recovery in the last few months. Not much to do but keep holding and wait for contract rev to flow through. Now I will be waiting at least another 12 months to see if things are turning around