A4N 1.18% 86.0¢ alpha hpa limited

Ann: Presentation to Macquarie ESG Conference, page-37

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    Thanks for avoiding the rather simple questions that have been raised. From what I can tell, and combined with your avoidance in your reply.
    THERE IS NO BINDING OFFTAKE HERE.
    Looking at the MC and you want to talk about pump for a profit. This is an industrial so until there is binding offtake all there is here is a pissy little laboratory, with no control over the feedstock (produced from bauxite mining) and no offtake. Not sure the tiny plant is worth a billion dollars and there ain't much else here.
 
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