GEV - On the Move, page-3

Hi Lilac,

Mate, India is a HUGE potential market, but I think GEV's first successes are more likely to originate out of Brazil or Sth East Asia....For India to work for GEV, we need to supply gas from Middle East sources, and the US-Iran trade embargo will make it difficult for cross border transportation.

GEV's agreement with India Oil Company hasn't lapsed in any shape or form from what I understand. It just requires the whole Middle East US-Iran thing to be sorted. IOC has a market cap of US $50 billion, so it's not going anywhere.

Cheers,

Clozapine