Ann: Half Year Results Presentation, page-5

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    very solid and encouraging result. Look at the very positive trend in revenues / sqm. Shows the business model's operating leverage and ability to achieve more than commodity style returns over the longer term.

    Business has now moved from a high risk start-up venture to a low risk annuity (refer existing contractul book), with hyper growth options currently being exploited. Though model is capital hunger and long term in nature.
 
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