Ann: Appendix 4C - quarterly, page-2

Well well well...

Terrible quarterly!

The receipts can’t even cover staff costs alone! Haha

A $1.6m loss yet again. My guess of $2.2m not far off the mark.

I believe Johnson has had 26 quarters and yet he has not provided a cash flow positive quarter in 6.5years.

There is enough money in the bank for 2 more quarters only - so another capital raise not far away.

The covid update was ordinary - all fluff like the Turbine was! Where are the contracts before you blow another million.

As I keep saying, as long as Johnson is at the helm, this goes nowhere. And WG and Ron are millions in the red!!!