Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-45

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    The 4.1M recievables can have an indefinite timeframe before it becomes revenue if ever. There is no ARR referenced anymore. What if the 4.1M is over the next 10 years or all the contracts gets cancelled and then what will Ian say then?

    The GRIDS IV program was supposed to be announced in Oct2024, then delayed to Mar2025, and now Jul2025, and when July arrives, will we be strung on again for further delay? There does not seem to be any visibility on actual receipts forthcoming.

    Its a sell. Price target now 4.3c
 
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