Ann: Appendix 4C - quarterly, page-34

I don't doubt the enquiries, every man and his dog would think this is a revolutionary piece of equipment. It's just that from a technical point of view FBR thinks it's not quite ready, so when govt's or companies or investors make their enquiries they too are waiting on the sidelines for the final version of the HX to be released.

Supposedly now the HX is back at Sultana for more testing, where the speed and precision is being ramped up.

I think they are at a stage where they need to release for commercialise use pretty soon, even if not entirely optimised.

There must be thousands of iterations possible to improve the performance but the quest for perfection and missing timelines is causing the market uncertainty.

Further optimisation needs to be worked into future models of the HX, not into delaying the final release of HX1 and HX2