Ah, okay.

And you throw a bunch of parts on it or whatever you've got to do to get it ride-worthy, and you raise money for the trip to go to Down syndrome Australia.

Have you got a mechanic coming with you in case the thing breaks down?

Well, I've got a terrible mechanic, and that's me.

But there's a lot of guys there that... have a lot of experience working on bikes and building their bikes.

So I'll be in good hands.

Tell me about Ariel first.

Ariel is five.

She's absolutely adorable and she's excited about this ride too.

She's got a team logo and it's printed on her shirt.

And I'm the proud uncle that when she points to her shirt, she says, Uncle

And how long do you reckon it'll take

you? It's a couple of days ride to get there.

And then it's a couple of days up there and there's a loop ride up there and then After it finishes, then we do the reverse to ride home again in a couple of days.

Yeah,

it was an incredible amount of work.

And, like, Ryan Mosby, who is now with RACV, absolute industry legend.

Shout out, dude, because you rock.

He used to sit in that tender office and write tender after tender after tender and we'd sit down and we'd price these things up, we'd be working out margin.

And so we're in our like early 30s and we're running multi-million dollar projects for like Melbourne Uni and City of Melbourne.

That's crazy.

Are you? Are you proud of it?

You want to build a

snowman? No, so...

I guess me saying that is that I have so much love and affinity for my husband's culture of food and the Latin culture of food and so many other places.

And I feel like sometimes the white American culture is a little lacking in culinary world when it comes to what foods are staples and you have mashed potatoes and green beans.

So I never had a relationship with food that went beyond just food and eating every day.

And I didn't get that until I left home and went to New York and I started experiencing that.

Yeah, exactly.

You

Tell us about, uh, MEPS and why it was significant, why you consider it significant.

I think that, um, the, the, the discovery itself, you know, on its own-- in a vacuum, if you looked at just the hole, and you saw what was in that hole, so you get this two hundred and sixty meters of just over a percent equivalent.

Um, you also have this seventy-meter zone of over three percent equivalent that has this in-incredible, uh, strength of copper mineralization, where you get this, uh, replacement bornite.

And bornite, for those who are listening, is, is sixty-four percent copper and very purple.

Whereas the general thing that you usually see on a lot of copper projects is chalcopyrite, which is the yellow-looking metal, um, that's thirty-three percent copper.

And really just the, the point of that is just that it's-- it just kinda signifies you have a very strong system.

You have this copper upgrading that happens.

Um, you know, given your, um, uh, given your status, uh, given where you're at right now, are you seeing anything concrete right now in terms of permitting, funding, uh, that's, uh, happening in terms of, uh, getting better service for, uh, what you guys are trying to do?

Not even paid, just

organic, anything.

And then you go to the paid media, the ones that are, I would say 70% of them are not doing video, for example, because it's like, okay, let's figure out how to do this Facebook lead generation stuff.

Okay, cool.

Well, let's just get an image, this sort of image with a few bits of text on it and whack that out.

they're not thinking enough about the creative so what it does it just opens up a huge gap in the market for people that could that can go that extra that extra mile that can sort of think of okay well let's just go video because immediately there you've probably got rid of 80 of your competition for various different reasons people don't want to get on video yeah people haven't got the infrastructures to do or create a video uh they think it's like a lot of hard work um Or the ad itself, if they do video it, it just comes out terrible.

And just that alone, that's 80% of the competition gone.

And it's very easy.

thing for for like it's an instagram type thing so yeah get like get a lot of pictures mainly it's uh mainly it's like toppings

you know so like our most of our cannolis the filling is the traditional vanilla lemon zest strained ricotta filling um but we have all these millions of different toppings people can put on the cannoli that kind of go with the the flavor of the filling um but change it up and deliver it however somebody wants it.

But we do sometimes do a different flavor filling.

We do a pumpkin pie cannoli, which I think would have been amazing in Luke's diner.

I'm just saying the pumpkin pie cannoli, I think Rory and Lorelei would have killed on.

But the pumpkin pie cannoli, the apple pie cannoli, we have a lot of autumn ones.

And then we have an espresso cannoli that was on the show.

You're, We talked about this, but your own brick and mortar cafe in West Hollywood, what kind of experience do you want people to have when they walk inside?

So, yeah, I get a lot of pictures.

Mainly, it's mainly it's like toppings, you know, so like our most of our cannolis, the filling is the traditional vanilla lemon zest, strained ricotta filling.

But we have all these millions of different toppings people can put on the cannoli that kind of go with the flavor of the filling.

But.

change it up and deliver it however somebody wants it.

But we do sometimes do a different flavor filling.

We do a pumpkin pie cannoli, which I think would have been amazing in Luke's diner.

We talked about this, but your own brick and mortar cafe in West Hollywood, what kind of experience do you want people to have when they walk inside?

Plan your visit now at discoverdenton.com.

I understand what Dave Aranda is, and I like him as a person.

He is an individual that I would go to for questions on leadership and trying to create better young men.

And football strategy, in theory, right? I would 100% go to him.

From day one and still to this day, I want this to work.

I want Dave Aranda to be a successful head football coach at Baylor.

I don't want him gone, but I do want this program to... rediscover like the whatever percentage is correct that percentage of dumb football guy that has to be reinjected into the program we can't all be i somebody mentioned like reading brené brown like this can't be a brené brown program right like we have to we have to play football at some point and that requires violence and some neanderthal habits and like it has to be a football team not an organization doing something in the corporate world in terms of blame dude i don't know you said get in trouble in regards to mac roads man that doing a lot of work there with those words uh it the real lawyers too by the way it is uh i i i'm i'm glad the path is finally clear right Mack Rhodes had been known in circles as like this performance first guy.

Another example of Dave Aranda being too good of a guy to be a badass college football head coach.

Plan your visit now at discoverdenton.com.

I understand what Dave Aranda is, and I like him as a person.

He is an individual that I would go to for questions on leadership and trying to create better young men.

And football strategy, in theory, right? I would 100% go to him.

From day one and still to this day, I want this to work.

I want Dave Aranda to be a successful head football coach at Baylor.

I don't want him gone, but I do want this program to... rediscover like the whatever percentage is correct that percentage of dumb football guy that has to be reinjected into the program we can't all be i somebody mentioned like reading brené brown like this can't be a brené brown program right like we have to we have to play football at some point and that requires violence and some neanderthal habits and like it has to be a football team not an organization doing something in the corporate world in terms of blame dude i don't know you said get in trouble in regards to mac roads man that doing a lot of work there with those words uh it the real lawyers too by the way it is uh i i i'm i'm glad the path is finally clear right Mack Rhodes had been known in circles as like this performance first guy.

Another example of Dave Aranda being too good of a guy to be a badass college football head coach.

We know that we have a pre-described path to go down and we're attacking things that we need to handle first and deferring tasks that we need or can put off until later, right? And we wind up in this situation now Where there are some legitimate risks in perhaps waiting too long to rectify whatever the situation is that you're encountering when it comes to suitable accommodations and or accommodations period right.

Yeah, no, that's a valid point.

One of the biggest risks is availability of suitable accommodations.

And then, as you mentioned, even just accommodations.

And we've seen situations where cancellations occur and then passengers, and it may not just be JetBlue, there could be multiple airlines canceling as well in the market and their customers as well as our customers.

are grabbing up that room inventory quickly.

And a lot of it is automated for customers nowadays, so it can go very quick.

Matt, what kind of documentation should we be thinking about retaining while we're engaged in this process?

[laughs]

Yeah, not bad.

Um, but yeah, I grew up racing cross country, XCO.

Um, yeah, mountain biking kind of always has been my main passion really.

Um, from that, grew up racing in the, my local school series, and then just kinda progressed from there slowly.

Made it over to my first world champ in Mont-Sainte-Anne in 2019 as a, uh, under 19 rider.

Um-

Oh

Tell me a little bit about sort of the highlights you're seeing from that first half.

Yeah, sure.

So I think overall we've made a good start, and we've seen progress across the business.

ARR up 31%, and that demonstrates the continued momentum across subscriptions.

And the combination of that revenue growth and cost reduction has driven the 34% increase in adjusted EBITDA.

So if we then look at cash EBITDA, and just to remind people that's, uh, EBITDA less CapEx, that's also progressing well.

And to put it into perspective, over the last 12 months in fiscal year '25, we delivered 2.3 million cash EBITDA.

So what does that sort of tell you a- about the subscription business?

Can you talk a little bit about that and why that's important and what that means to you specifically and the company?

Yeah.

I mean, I think that.

You know, it's funny because we put out some videos recently about some like knockoff harnesses that have been done from China on Amazon, you know, that have used like our Instagram photos of our harnesses in there.

Almost the same.

Almost the same.

You know, like, I mean, it's pretty incredible.

Since we asked you all the questions, anything that you want to throw out there that we haven't covered, anything that's coming up, anything that you guys are offering that we don't know about? And at the very least, for those people who have no idea what railing is, can you tell them how to get a hold of your equipment?

They want to be a partner, you mean?

They want a partner.

They need a partner in a lot of cases.

Some of these are...

They're all the healthy companies where they wanna do M&A.

They wanna do a transaction to diversify their estate in the case of a family business.

The next generation may not wanna run the company, so they wanna take some chips off the table.

Matt, can you talk us through what can be done as an owner to try and improve the prospects of a struggling or just neglected company?

How does the technology work? Talk us through it.

Well, thanks for having me on to talk about this.

So the way it works is that we usually do a flood risk assessment using hydraulic models.

This is a standard practice.

And the outputs of those are lots of layers of flood depths and flow speeds and so on.

But the way we communicate those to communities is usually with the maximum extent of flooding as an area on a map.

And so the motivation here is to take those model outputs and make them more realistic for people to help them imagine what a flood scenario might look like.

How can this technology help communities understand what happens, I guess, if those protections fail?

Hmm.

The human condition, it is ridiculousLiving on a day-to-day, there is so much absurdity, and I think the role of the clown from my perspective, it's about embracing the absurdity and, and, and sitting in it and sitting with it and mining it and finding it.

And so as far as when it comes to sitting in that with someone in the hospital with a, a, a seven-year-old who's getting his port flushed, you're not actually trying to change the outcome.

[gentle music] And I think that's what sometimes folks misunderstand.

Like, I'm not, I'm not so much here to make you feel better.

I am here to experience this with you.

What can we experience together? And is there a way to, you know, shift the energy, shift the vibe that supports this experience? Pain is pain, and you're, you're really not trying to distract from it.

He shared one story from his early days in the hospital on the TED stage.

Where do you put the regionals? Bendigo and Adelaide is another one.

Yep.

We like Bendigo.

I think Bendigo is an interesting franchise.

Its customers love it.

Marnie Baker, the former CEO, did a very good job assembling a bunch of interesting tech options there with Up and Timely.

Indeed, Timely is the software that runs CBA's digital home loan product.

And as an investor, which of those six, let's put Bendigo and Bank of Queensland with the big four, which of those six do you favour? Which ones do you not favour? Of course, on the back of valuations where they're trading today.

Hmm.

The human condition, it is ridiculousLiving on a day-to-day, there is so much absurdity, and I think the role of the clown from my perspective, it's about embracing the absurdity and, and, and sitting in it and sitting with it and mining it and finding it.

And so as far as when it comes to sitting in that with someone in the hospital with a, a, a seven-year-old who's getting his port flushed, you're not actually trying to change the outcome.

[instrumental music plays] And I think that's what sometimes folks misunderstand.

Like, I'm not, I'm not so much here to make it feel better.

I am here to experience this with you.

What can we experience together? And is there a way to, you know, shift the energy, shift the vibe that supports this experience? Pain is pain, and you're, you're really not trying to distract from it.

He shared one story from his early days in the hospital on the TED stage.