Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-113

Yeah I agree.

The fundamental issue is that by this time last year we had contracts signed to the order of $50 million, without any revenue yet received so it was easy to get cash flow as we complete orders.

This time around, it is August 2024 with not a single material contact signed. So firstly, we need ACTUAL new sales, otherwise, we cannot get any further revenue.

Then we can fulfil the order and recognise the cash received/revenue before December, but we are well behind, and so these larger orders need to be landed and fulfilled almost immediately to have even a hope of greater performance over last year.