Ann: Clarification, page-23

Hi V1 it is undoubtedly a positive sign.

Interesting to hear how you read what I said.

That's the trouble with language and why lawyers make a hay day out of interpreting what's said differently to what was intended .

By way of clarification management didn't tell us when they expect to be have the second factory running full. They certainly haven't hinted at any time frame for that level of throughput. The land acquisition would however indicate that they are forward planning to ensure they are not caught short if all goes well and the existing factory isn't able to cope with the demand as early as Feb 2026.

The fact that they purchased the land in spite of the difficult half year in Europe particularly, further reinforces their belief that the decline in sales is a splash in the pan and the medium term growth indicators are very strong.

With new product penetration into more sectors of the market and the SE Asian,American and African EV markets gaining traction and being added to VMT's distribution network its not hard to see whats driving Managements forward planning.