Hi All Thanks for your comments ill address them one by one...

Hi All

Thanks for your comments ill address them one by one below.

@not_trivial I agree, these do need to be increased further. I have done this based off hiring costs increasing $100k per annum. For marketing, i will leave as is as I see any expenditure increase minimal.

@dermott1 correct, additional vehicles and Mobilise will increase revenues in the long run. However I have based this model without factoring Mobilise as there is no certainty on when this is announced and what revenue figures are. As announcements are released, I update the model accordingly. The model should be used as a base case, and I try and make it as realistic as possible!

@Radar100 same reason as above. Also, 90% increase in Net Rental Days Booked is the days booked in the March Quarter for bookings realised in the March, June, September and December Quarter. Also, where did you get the 95% figure from? I couldn't see it in the announcement anywhere.

Insurance policy, I have increased the 'Average Revenue Per Day' by 10% - thanks for that!

@ESC thanks mate!

Update here: https://www.dropbox.com/s/9inu09u3nd841uw/CL8.xlsx?dl=0