Hi Kicks My numbers flow out of the exercise I did in an around...

Hi Kicks

My numbers flow out of the exercise I did in an around End 2017 trying to establish the production cost (AUD 114 per unit...you may remember it.) That exercise centrered around the production spend (Qtr on Qtr) and sales milestones declared. There are always assumptions on what is despatched, when the invoice is raised and of course when the receipt reflects. The JM declaration of AUD2m inventory carry into this year was pretty consistent with that exercise, rightly or wrongly suggesting other assumptions plausible.

Anyhow, with the next 4 c due shortly, we will get further confirmation, this hopefully allowing us to better predict the rate of sale and resultant cash implications going forward.

Rokewa