Ann: AGM Presentation, page-11

Hi
Well I have no technical experience in chemistry, water or mining, but water and the CLQ IP around their ionization process were the drivers for my investment plus of course the EV story. The ionization process is ok course the designed process to remove the targetted metals from the crushed rock, rather than the more traditional slurry evaporation method(from what I understand). The CLQ method is more capital intensive for setup, but significantly lower in Opex.

Sam Riggall talked to the 3 completed water projects, saying that 3 projects spread over the world had it's challenges. Specifically, ittle more though. He didn't raise the Chinese municipal venture, but a question was raised about it's ownership, Sam quickly replied, that is 100% ours. I must say I'd like to know where that project sits as if commissioned it would provide a steady cashflow and China has a significant problem with it's water ways, hence it would appear future business once we had a success story up and running. However no news doesn't fill me with confidence. Hopefully just court up in red tape for its approval. More emphasis was on the Ionic liners, and positivity of further deals. As mentioned in my previous post there are many potential solutions, no water polution problem the same, and I took it to be a competitive market.

I hope that assists.