JV Update, page-20

The most exciting aspect to me of the likelihood of potentially obtaining finance via EFA/Asian Development Bank (and the Critical Minerals Fund which is likely only a possibility if Australian feedstock is to be processed into pCAM at the refinery in Vietnam IMO) is that this could eliminate the need for investment by a partner in BSX itself and depending on to what degree finance can be arranged it might lessen the amount a partner would be required to invest to purchase a share of the refinery and it's capacity. To what degree would we need a partner at all? For their technology or are we going to be part of a larger battery supply chain being cobbled together right now by the Ambassador and DFAT? The exciting aspect is we might be able to minimise dilution after all, even coming off such a low market cap. If the finance can be arranged. This is absolutely 100% in Australia's national interest so I give it a good chance.