Forest for the trees. "Future R&D activity will increase to 20...

Forest for the trees.

"Future R&D activity will increase to 20 hours per day 5 days a week, generating up to a maximum of 30,000 tonnes per annum, creating further output for sale."

"On a simple energy cost comparison basis, if gas prices reach $20 per gigajoule, standard Coldry pellets will be worth $430 per tonne in Victoria."

Even if we generate a lowball $200 per tonne through the R&D activity of up to 30,000 tonnes this is $6m in sales.

Here is a prediction for you, over $20m in local Coldry sales per annum in 3 years time. OMO.
Contingent on gas prices not decreasing.

"The Company will provide further updates on the status of this opportunity following the conclusion of the boiler trial during June."

Hopefully the first of many off take agreements.