Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-4

I really feel the real story is here.

"Over the course of the quarter, Over 90% of the batteries sold to Optus under the Australian
Government’s Mobile Network Hardening Program have now been deployed and are operational,
supporting almost 100 power outages in December 2021. The remaining systems are planned for
deployment and should be completed in early 2022."

Real world functional demonstration to the Telco industry and internally within Optus that the Redflow solutions is a serious genuine valid alternative to their aging led acid fleet is vitally important. I remember seeing a chart of the number of cellphone towers in the world and just getting a slice of the battery market to satisfy that market would be amazing for Redflow.

On a broader note, although tThis has been a long game all the stokes are in the fire now and to my knowledge have now established all the genuine real world examples to showcase to any new legitimate customers.

Exciting times ahead.