Hi,Today, at the annual Frankfurt retail and institutional...

Hi,

Today, at the annual Frankfurt retail and institutional investors lunchtime meeting (this year held via "zoom"), I gave my personal 5 minute "update" about the current situation at EDE, as well as the outlook for 2021.

Given the recent very positive developments on both the EdenCrete and OptiBlend fronts, I presented an upbeat picture (on the basis that the current situation with respect to COVID-19 does not deteriorate any further in the first half of 2021, and actually significantly improves in the second half of 2021).

At this year's meeting, for the first time, I also presented my own personal sales & earnings estimates for this calendar year (EdenCrete and OptiBlend sales only).

Eden Innovations - Sales and Earnings Forecast for Calendar Year 2021 - Worst Case
Product	Sales US$	Profit US$ (25%)	US$/AUD	Profit in AUD	SOI	SP (P/E 20)
EdenCrete	6,400,000	1,600,000	1.3100	2,096,000	2,076,662,102	0.0202
Optiblend	3,200,000	800,000	1.3100	1,048,000	2,076,662,102	0.0101
Totals	9,600,000	2,400,000	1.3100	3,144,000	2,076,662,102	0.0303

Eden Innovations - Sales and Earnings Forecast for Calendar Year 2021 - Best Case
Product	Sales US$	Profit US$ (25%)	US$/AUD	Profit in AUD	SOI	SP (P/E 20)
EdenCrete	12,800,000	3,200,000	1.3100	4,192,000	2,076,662,102	0.0404
Optiblend	6,400,000	1,600,000	1.3100	2,096,000	2,076,662,102	0.0202
Totals	19,200,000	4,800,000	1.3100	6,288,000	2,076,662,102	0.0606

I also indicated that I expected positive news on both the EdenPlast and Hydrogen fronts later this year. However, I refrained from making any sales and earnings estimates at all for these future potentially very lucrative product lines.

Please note: in the short Q&A session immediately after my presentation, there were a lot of questions about EDE's Hydrogen capabilities. There were also some questions about TAS's 30% holding in EDE, as well as TAS's involvement with FMG in their current Vulcan Project JV in SA.

Cheers.