Ann: Quarterly Report to 30 June 2017, page-15

Frosty

If you just look at the Financial. It tell me that there is no way the marketing samples can be produced before October.

Last Quarter they spent $193,000 on NIRP Development and $586,000 on admin. So that was 779,000 spent on corporate costs, plant upgrades and all those people working in Newcastle.

If the sample were to be produced, would you not be expected that expenditure would peak this quarter, with the significant plant upgrades to be completed and production in full swing.

But they are only forecasting to spend $100,000 on NIRP Development and $270,000 on admin. That a drop of 50% from last Quarter.