Ann: Appendix 4C - quarterly, page-55

from the May update:

" Locality Planning Energy Holdings Limited (ASX: LPE) (the Company) is pleased to inform shareholders of an additional 5.63GWh in billing contracts Under Management (UM) through the month of May, representing an 5.54% increase over the month.
This month saw the effects of Energex redeployment due to cyclone Debbie as mentioned in our March update which resulted in a below average volume converted into UM for the month of May along with a delay of this update. The disruptions caused by service providers such as Energex from cyclone Debbie are expected to return to normal moving forward. As such management estimates a stronger conversion rate to UM in June which will result in a normalised average across the May and June months.  "

The normal average conversion was about 7 GWh per months, that way we may expect 8-9 GWh have been converted in June. It could be that there won't be an update as the June update was already foreshadowed in the May update.

Anyway, the average billing during the last quarter is way above 100 GWh - the profitability bench mark - which means we are now in positive - profit - territory. Unless they've got their hands on more expert staff and have converted heaps more which may take us back a bit into negative. But all this + / - is just an accounting matter, in reality LPE is generating profits which are guaranteed for the next 5-10 years. Anyone knows any other ASX listed stock that can come up with that ?

And the most ASX / CHI people don't even know about LPE. Can't wait to see the market jumping on it once the big guys start to buy in after 4C release in about 2-3 weeks. Grab the cheap ones as long as some ultra short sided offer them that cheap. They have been told to hold on but many holders refuse to get 5-10c sp for their shares.

GLTA