great call came out few hours later ....mate asx has courses...

great call came out few hours later ....mate asx has courses that teach you asx basics
take a look on reporting etc .

June quarter 2021 - COMPANY UPDATE
CFOAM Limited, CFOAM Corp (74.34% owned by CFOAM Limited, 25.66% owned by CONSOL
Energy Inc) and its operating entity CFOAM LLC, Triadelphia, West Virginia, (CFOAM) wish to
provide the following update for quarterly period ended 30 June 2021.
SUMMARY OF Q4 2021 ACTIVITIES
 Strategic Initiatives – CFOAM and Department of Energy (DOE) funded project
continues with key purchase orders placed for additional equipment
 Quarterly Cash Flow and Cash Position
 A$4.14m raised through placement in 2 tranches (A$1.9m settled in May 2021,
A$2.24m settled in July 2021)
 Sales Activity and Pipeline
 Operational Platform update
 Paycheck Protection Program (PPP) Round 1 business support loan of US$293,400
fully forgiven
 Innovaero investment maintained with A$1m invested and further commitment to
invest A$0.975m (made in July 2021)
STRATEGIC INITIATIVES
 The DOE awarded the CFOAM proposal for “Continuous Processing of Carbon Foam
Products Made from Coal at Atmospheric Pressure” (or CFOAM Project) for a total
project value of US$2,421,802
 The CFOAM Project commenced on 1st January 2021 with US$383,000 contribution by
DOE in the quarter
 68’ long belt continuous kiln installed and set in place at Triadelphia facility
 Air permit for new facility approved
 Nitrogen generator absorber system delivered and set in place
 Gas fired-incinerator/thermal oxidiser construction drawing approved and
construction of the equipment at the vendor has been initiated
 Utility upgrade works on-going with conduit for 500 Amp service run and electrical
panel works completed. Connection to the electrical grid was initiated on 26th July
2021
