Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-117

That order book value has not changed for 2 quarters and I cannot understand why we have not realised the remaining balance of the supposed contracted backlog.

Further, most the cash we have received to date is from prior orders, already recognised as revenue in the past year annual. So in essence, we have only 20mil in sales for 2024, and literally no cash flow at all for sales pertaining to the 2024 year.

We will need to gain new contracts to the order of 70 million at least on top of what we have already, just to have a chance of getting a better result than prior year, and this also includes the need to actually realise the sales by shipping and completing the order (which is taking them way, way too long even with all these engineers, hence the order book value that does not seem to be changing, at all.