Ann: Letter from CEO providing business update, page-20

Look at the chart. This was trading at 60c last August. We are more advanced now with regards to Buntine protein, about to commence commercial production in a partnership about to be announced. They also state offtake partners before the end of this financial year. Look at the applications for Buntine protein, it's use is widespread throughout the food industry.

"Since the optimisation of the Kewdale innovation center and pilot plant, samples have been delivered
to 14 high quality prospects – companies with at least 8-digit annual turnover and having expressed
interest in Buntine Protein® for evaluation for a specific application. Over 79 product prototypes have
been delivered to 24 high value prospects in the protein supplement, alternative dairy, baked goods,
and plant-based meat companies located in North America, Asia, Europe and Australia."

These are big companies with big turnovers, up to $100m...