Ann: TMT Investor Presentation - Noosa Mining July 2023, page-41

Troy so you are expecting LE System or TMT to progress vLYTE sales before that three year Murdoch Uni project for FBI is done?

From its’ website it appears that project is mainly to do with diluting the Vanadium electrolyte with various fillers to see if there is a (cheaper) compatible additive, or to do with doing less refining yet retaining the results;

https://fbicrc.com.au/project/development-of-vanadium-electrolytes/



…. So I guess if they come up with something really good by August 2025, actioning the ‘whatever it is’ will just increase margins but is not relevant to any current deals that might be underway ….

cheers