Ann: Number of Sales Contracts Grows Substantially In China, page-16

As I understand it the ASX guides (if not directs) companies to not say anything about revenue/profit till the money starts rolling in. And, once the revenue starts and figures (including costs) are revealed/extrapolated, calculations can start to be made about profit.

My most pessimistic view is not near as low as your calculations rolf..

Bring on the roll-out announcement, updated licence nos, and a start date for revenue flow...

AGM coming up...