Ann: Response to ASX Aware Query, page-2

I've read this announcement a few times and can't conclude. Was the ASX query petty or was the company trying to misslead us, making something that wasnt significant look significant in order to ramp the price up before doing some more fundraising i.e was it implying that the vanadium results were a game changer for the company and only when challenged by the ASX that they had to own up and acknowledge that a reasonable person would NOT expect that the results would have a material effect on the price or value of its securities?