AGM, page-101

A very solid, informative AGM.

Speakers being MT with his interesting way of bringing positivity to the meeting. Hard to believe these days but seems to be very hard at it assisting Colin in meetings with potentials and financing.

Financing just about in the bag with contracts going between lawyers but the nuts and bolts have been agreed upon. Apparently at great terms. Although these were not shown to us due to confidentiality clauses. Colin Isles enthusiasm seems to have got us over the line there.

Colin Isles then cam on and showed the marketing video which is being used to sell our process at Bluescope, Liberty and others in the US.
We'll be relying on others to use there foundry to finish the process but Colin has plenty of contacts to make this happen.

Bluescope seems to be the most likely to come to the party at this stage, They also have a plant in the US where there is a second opportunity to add a ZIRP license.

Liberty, now in the hands of Gupta?? is also a potential now they have owners with deep pockets.

Colin insists licensing is our way forward. No surprise to me. Bluescope and liberty will be invited to come and watch the process happen to give more confidence and fully understand how it works.
Colin feels that where potential users don't have absolute confidence is when the process is upsized to commercial levels. He seems to have utmost confidence in the whole process.

So essentially we need one license and it will flow on.

This test work will (correct me if I'm wrong), assuming finance, in February and will be guaranteed to finish within 26 weeks.

Colin spoke with confidence and knowledge and answered all questions anyone had and it seems the crowd was satisfied.

Mike Winter spoke after Colin and explained the method behind our process. Smart man.

And of course Mike Smith spoke at length about our opportunities in Victoria. I won't go into all that but it seems there really is some potential to gain some free carry in to further drilling in the area.

Hope that helps for anyone not at the AGM.

There was definitely a sense of optimism and Colin Isles brings it in spades.

We've got a great product and the sales pitch is coming together.

Next year could be our year.