Ann: Quarterly Cashflow Report, page-5

Either Traders leaving the building on News or sales of shares to finance exercise of the Unlisted Options due over next few months.

I thought the Quarterly was encouraging even though PFS delayed for a few weeks I find the reasons for the delay compelling.

The delay is to reshape the PFS to open pit mine/traditional grind and flotation AND MORE IMPORTANTLY include a Battery Anode refinery at the port AND convert JORC to ORE RESERVES for a more robust investment case.

My guess TLG is faced with a near term/rapid startup for the provision/sale to Korea or Japan Battery manufacturer of Talnode C Battery Anodes even contemplates Toll grinding and flotation which suggest a very early start up. The Ore Reserves would be a requirement of a financier as well as the Battery Manufacturer for security of supply/.

Just have to wait a bit till we know more say 2-3 months is my guess.

Nice pivot though and the price of the Talnode C and maybe later the Talnode SI is big bickies whilst the Graphene market slowly grows.