You asked, are we to read minimal increase over the next 12...

You asked, are we to read minimal increase over the next 12 months?

The way I am reading why the guidance range of 35m to 50m was given because they are working on a couple bulk orders but they are not secured and signed off yet. If it doesn’t eventuate, they would be coming out with a guidance downwards as they said in the comments that accompanied the 4C.

So why put up such a wide range in the first place? Partly a tension that is going on internally. The Chinese management on the ground would not want to over promise and under-deliver because that would put their jobs on the line. Yet, Richard and the board wants to put as much on record that MABR has traction. Giving the range was the compromise.

But more than that, it also tells me that the Chinese team has a lot of enquirers and leads to pursue. I deduced that from one of the recent job searches which called out a sales director’s position.

All IMHO please.