Ann: Company Update, page-200

Further to the above, after redoing some numbers, I think a $62 million gross profit for BRL is quite possible, to put that in perspective, last years gross profit was $9m. A target of Gross Profit per share of 5.3 cents is quite plausible, assuming no RCPS or Convertible notes are issued... on a conservative PE, a share price well north of double today's share price is easily possible. We could even see a cent dividend being paid this time next year, which is funny because it would mark barely 2 years from when the company's shares were just above a cent. What a turn around in fortunes that would be. Next 10 business days crucial as we are likely to get further guidance on RCPS or Convertible Notes, and hopefully even an updated FY 18 outlook. Would also not be surprising to see a share consolidation in the near future, although with a rising share price, it may not be necessary!