Ann: July 2024 Investor Presentation, page-2

a lot of doom sayers on the 4C thread, personally I’m more interested in the forward looking projections - we know what’s been sold as it gets announced if it’s significant. So if you were waiting on the 4C for some huge sales surprise, you’d be a mug.

But in the Investor Presentation that’s the most detail we’ve seen on the pipeline in a report. The very near term contracts are queued up, and it’s pretty clear we’re in a great position, winning a hell of a lot. Those numbers at PO, advised intention to buy and shortlist stage are substantial, and we know repeat buys tend to be strong.

The NATO agreement is likely to bear significant fruit and I’m not too concerned for our long term interests
while just about every unit, piece of infrastructure and vehicle within western armies are under-protected against the most emergent military threat.

If people want to jump on the 1st half results, that’s fine. I’ll stay patiently for the big announcements coming.