Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-20

How many years did it take Amazon or Tesla plus thousands of others to turn a profit? Maybe they should have just give up also.

‘Real question, how many of the companies you are currently invested in make a profit? Most companies start out this way, jr mining companies for example go exploring for years or decades, before they need to dilute massively to build a mine. Have you never invested in one of those. If so I’d say we are at the commissioning of the mine stage. A path to profitability is ahead. Once there, hopefully this year they are off and running with no loans to repay.

So you show that you can’t read a report or understand how companies start out.