Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-5

The commentary provided some good insight into where management see the potential market. Rental with significant capital outlay with return over time or custom pallet design providing a value differentiation in being able to process multiple waste types for specific customer waste processing solutions. The later is a unique value proposition which means that you don’t necessarily need to compete on price and can achieve overall better margins. Being able to engage with a customer to provide that solution, although being a slow process, it is highly likely to provide good customer retention and repeat business. There is good opportunity for RAN still but I think unlikely to see the fruits until late 2024 onwards.