Hi FF,Hope you don’t mind, I would like to further address...

Hi FF,

Hope you don’t mind, I would like to further address costing / % margins / gps% for @Zacsydney and others that may be interested, as always a fabulous analysis from yourself in a very easy read/ digestible format . Thank you.

Will keep this to the KISS statement / analogy. (KEEP IT SIMPLE STUPID) not being derogatory to anyone , just a simple easy format to follow with ease. (I hope)

1. Different costings will always have different variables at all times depending upon costs of raw materials, trading $ conversion rates ,manufacturing, labour costs ect these costs will fluctuate at all times (should BRN lock in a contract at a particular price it will be upheld for the duration of the contract without the above listings fluctuating, it can not increase nor decrease for the period of the agreed contract)

2. At manufacturing levels ‘ go to product requirements “ one may perceive they are large quantities, in other perceptions they are small, hence costing levels will not be as generous.

3. BRN will announce via the ASX once contracts are signed naming a particular company should that company wish for it to be divulged due to confidentiality, there may be announcements in due course without a company’s name being divulged.

4. BRN do not have to divulge every single contract ‘ sale that has been signed” via an announcement nor is it necessary, due to the sensitive scale of what they are involved within “confidential/ secrets “

5. All companies have their base GP% levels (gross profit margins ) that must be attained from sales of the product vs costs, these will always vary from company to company.

5.1 These particular GP% levels are usually kept very tight to ensure all associated costs ie , wages, accom, meals , field days ect ect ect are kept within tight perimeters to ensure shareholders receive a dividend.

5.2. Some companies will take years prior to producing dividends for shareholders.

6. Factual, information will never be released as to ie company A to Z as to the $ profit, nor the GP% level that BRN will make from any company (confidential ssh secrets, not just from contracts signed , one does not disclose how one operates nor does one want others to know, another part of “ the secret sauce”)

7. Financial reports $ sales vs expenditure must always be reported in a factual basis.

8. Point 7 is the crux to analyse all sales revenue that will be included on all sales that can not be disclosed in an official format

9. Starting December 2020 podcasts from will be on a monthly basis , this should enlighten all of our BRN learning journeys


Hope this helps in some small way.


Kindest

Nan. xxx