VRBs will be commercialized, page-20

I know it’s incredibly frustrating but making a price sensitive announcement about some presentation we did in Noosa or confirming that some flotation/chemistry lab results confirm what we already know about our methodology isn’t going to stop the trend.

Only 3 things will help and we need to be patient for those:

1. ERD Approval

2. Updated Bankable Financial Model

3. Some sort of offtake/financing agreement out of left field.

The other thing we need is for the vanadium price to improve but this will be a more gradual thing, obviously.