Ann: Appendix 4C - quarterly, page-7

I'm hoping they have under promised and can over deliver as they have mentioned in AGM's as the current production schedule and forecast revenue do not add up. They require $63M revenue in the last 2 quarters and are estimating Q1 19 for Hume to reach 40 units per month and Huntsville to start production in the same quarter. I imagine that at least one of these two time frames need to be brought forward to meet the revenue target.

Assuming they are ramping production at Hume and average 30 per month for the next 3 months (including July) that is 90 units at $22.5M revenue. Let's bring the Hume production schedule forward 3 months and they average 40 units per month for the last quarter that's 120 units at $30M revenue - that is still $10.5M short of target.

Of course there could be Space revenue kicking in somewhere, however, I'm hoping that there is a pleasant surprise in the next couple of months to say either Hume has doubled production volume and/or Huntsville has commenced production. Both are a possibility hopefully as I recall Ben saying, 2017 AGM, they anticipated they could double production every 9 months for a number of years to meet demand. Hume's 9 months is September and they got the Huntsville facility end of February according to media reports.

GLTA - exciting times ahead.