Will 2019 be a year of deliveries for AEB?, page-30

Cost cutting in staff and admin cost quarter on quarter, and 90K in sales which is as big as it's ever been for a quarter ... BUT THE REST IS ALL BAD NEWS.

Delays here and there, ODC licence (it does seem the ODC has dropped the ball massively for Australia), delay in processing algae biomass (and finding a solution that gets it processed... next YEAR? in Spain?), engaged in multiple projects, burning cash too quickly, acknowledging board needs the right expertise (translation: we're out of our depth sorry guys...).

CR that will be done at 009 010 max.

Understand the recent new lows. None of those things will turn around magically, except the ODC licence (potentially more sales for algae which is minor) or maybe finding a new processor for the algae biomass.

At this point, after so many years of the same people, struggling to deliver on their PROMISES. And with little hope in the next 6 months, I'm starting to wonder.

The downrampers may have been right.

Question is do we call an EGM? Can we find the 5% requested for an EGM call? This warrants it.