Ann: Notice of Annual General Meeting/Proxy Form, page-19

The price recovery came with the release of the presentation on the 20th May. https://hotcopper.com.au/posts/53315533/single. i am wondering whether FLC is going through certain rounds of presentations with potential investors.

If it means anything to those going through the presentation material, they would have noticed 2 significantly large SUBRE projects in Cambodia, totaling 15K m3. Both were announced here earlier.https://smartwatermagazine.com/news/fluence/fluence-secures-first-subre-sale-cambodia. Note how short the period was between winning the contract was won and the delivering, all in the midst of a pandemic.

As a comparison, Suez's biggest plant in Waterloo, Canada, total 9,340 m3.https://www.chemengonline.com/suez-to-equip-worlds-largest-mabr-wastewater-treatment-system-in-canada/.

The point is: this is an example of third world countries leap frogging with MABR. Notice where they are situated, smack in the middle of town, re-enforcing there is no nasty odor or ungainly sight to contend with.

I know. I am grabbing at straws here. But to me these are significant developments because Cambodia is walking the way of China. They are looking for technology to advance their lives. This is just the beginning. I am confident there will be contracts from Cambodia.