Ann: Ceasing to be a substantial holder, page-25

Well to help you and others understand. The assumption of cost of production minus what is received in the same quarter doesn’t mean the company is loss making. The norm for businesses like JAT is to receive cash at a later point in time and not when the buyer buys the goods and puts orders in. So there is usually a lag time of when cash receipts are received. Cash receipts for Q4 should be higher in theory because sales have increased as has been announced. At this stage profit speculation is pure speculation based off of cash figures. Cash and profit are very different things and FY report should end the specs about where JAT is going. IMO it’s probably what everyone is waiting for before they put money in. My money is on JAT moving in the right direction.

Thanks for your hard work. A lot of lazy investors(gamblers) out there. Highly doubt they will read the stuff you post, but some of us do read it and appreciate it.