Ann: Unexpected Increase in Sales Orders, page-35

oven cost USD 130k that can produce 400MT per annum.

I would expect the ramp up after December ramp up to happen sooner than the current pace. because European market is bigger and US FDA material requirement push after Nov 2019 rules change.

Bigger space available in Rocklea. so more ovens can be place. hence I would think 2 ovens ramp up pace will accelerate to 4 ovens (or more) ramp up each round.

many is focus on AUD 10 dollars, I suggest to forget about this and look further. my estimates was 100MT per annum equates to AUD 1mil net income.

so by June 2020, we should be doing around 4,000MT per annum. which equates to AUD 40mil profit.

best is even at 4,000MT per annum, ANO is barely scratching the surface of ZincOxide Nanoparticle market.

sit back and enjoy the ride to triple digit!