Ann: Investor Presentation, page-3

Anyone else notice the goalposts keep changing with each new announcement?

- MOUs with companies related to using Nullarbor (Next 1-4 months; Quarterly update)

- First contracts with companies in the fashion industry to use MC and produce Nullarbor fibre (Company update presentation July 2018)

These seem to have given way to "Sign supply agreements with 2 to 4well-known global clothing brands" sometime in 2019.

I'm not sure if it's because they were too ambitious or they have found a better approach. Regardless, it is a bit concerning that each quarter the goals are moved.