Three paragraphs from Marc Vogts statement on page 4: "For...

Three paragraphs from Marc Vogts statement on page 4:

"For Nachu, we have engaged an international engineering
organisation to undertake an engineering, procurement,
and construction (EPC) estimate of the 240ktpa Nachu
project that was duly completed and is under review. Our
current focus is to secure financing for the project with
anticipation of progressing into the execution phase of
the project by year-end.

The New York battery production equipment is under care
and maintenance in the proposed production building
with installation and commissioning to be prioritised as
soon as funding is secured."

"Looking ahead into 2020 our aim is to be well into
the execution phase of the Nachu Graphite project;
installation and commissioning underway for the New
York battery production equipment; and advancing the
project pre-execution phase of the Townsville project,
including successful completion of the development
assessment and other regulatory pre-project approvals,
detailed marketing analysis, and well advanced towards
securing of project funding."

All I am hearing is funding, funding, funding.

Later on page 10 regarding New York:

"During the past few months, financial institutions
including large overseas investment banks have been
conducting some due diligence on project funding for
New York. iM3NY believes a number of these groups
are in their final stages of review with potential of
looking at a split of debt and equity into the
New York project."

Now the Battery market is in a funk, because China has reduced subsidies and is expected to fully withdraw them next year. As an investor you have to believe C4V has a superior in demand product that will attract the different project funding. Lots of companies are and have conducted due diligence. Shareholders aren't told much about the rejections. Plenty of fish in the sea. Only need to land a couple of them.