Ann: Results of Meeting, page-24

Shouldn't have to visit the piggybank again (unless Anteo Energy want to open their own batter plant).

If the Oppies were voted down, at the most Anteotech could only access $4M extra in 1:1 Grants.

Now they have Oppie fund runway to $10M extra Grant funds [plus ATO R&D rebates] - bring the realistic returns from the CR to $30M.

A lot of folk's arguments revloved around the SP [short-termism thinking JIMOH]. Here is the brutal truth, if the SP will have to be North of $0.05 for the 2nd tranch to be viable. So immaterial of dilution - guess what ADO rights are ALL worth $0.05. The new exercised Rights will bring in $0.05 onto the books. It is what is done with the $4.8M + $6.4M is what counts to increase the CAP from there. No Geoff will not be engaging Melania Trumps Stylist, several projects now have the green light.

It may prove the case that Consumer Batteries ring the tills, long before realistic EVB revenues.