Interesting update. Looking at it point by point: 1. Concern...

Interesting update. Looking at it point by point:

1. Concern that no timeline has been provided on when US is expected to be up and running at full capacity.

2. Sounds like Aus manufacturing is now sorted out and ready to move forward in FY19. Promising that part of the delay came from (unexpected sales).

3. I think new product development is blue sky potential for ANO, so not too concerned this is taking longer than expected.

4. Geez, a messy update but what I think they are trying to say is for FY18 they expect a 35% increase in revenue and underlying NPAT of $1.5m before a $2m tax credit for a statutory NPAT of $3.5m. If so, pretty much bang on with my numbers.

Any nice to hear from the boys but in essence this is the same update we have heard four or five times now. Operationally business is flying, still delayed for US manufacturing to give us that real kick we need.