company update, page-44

PDK do you really think you have enough information to predict the profitability of Moolap with publicly available data? I would love to see your workings.

It's a black box to me. There has been sweet FA to go on for 2 years because every quarter has been impeded for one reason or another...that is fair enough it's a new process...I expected teething issues. But this is where faith comes in, I don't think the market has enough solid information to go on at this point in time, it's why the stock has drifted lower despite ostensibly good news with US expansion etc. How can the market reward that until they see performance from the first plant? It's why I thought the US roadshow was a waste of time until Moolap fires.

Blue sky won't come into the price until that happens, hence my frustration.

Now if today was just a poorly worded announcement I will be doubly pissed off, but also somewhat relieved. But really, they need to do better. Retail shareholders are about all they have at the moment and they need to be looked after with carefully worded announcements that don't scare the horses nor set unrealistic expectations.