WOA, we need to see better forward projections. Please provide...

WOA, we need to see better forward projections. Please provide some guidance.

Revenue at $11.52m per year, but gross margin seems to be less than 10% for the DCF stuff. Gross profit only just enough to cover "selling costs" (why isn't that part of COGS?) , let alone "staff costs" of $7m and a host of other expenses. Last half year, a bit of sucking at the government teat for R/D grants gave us some extra cash but we can't rely on that.

Buntine protein could bring $15-20K per ton. The plant in Germany is 500tpa, but the installed equipment for Buntine will do maybe 100 tons. Realizing higher capacity will require more spend on equipment. So, assuming we make sales, for now Germany can only raise about $2m in revenue. We don't know the COGS, so we don't know the margins. Also, we paid $4m for the plant and I assume there are more costs yet to come with getting it up to positive cash flow. At what capacity and margin will this plant be producing a net positive benefit?

Ambition: "By 2026, we want 5000+ tpa". Are we still looking at building a greenfield plant in Australia? or taking over a brownfield site? Is there a budget for this expansion? And is $15-20K realistic for a premium lupin product given that faba bean or pea protein can be had for 6-7K per ton.

I'd love to see this work. What's your plan? Don't tell me how clean and green you are. Give us some numbers that make sense.