Ann: Corporate Presentation, page-64

Hopefully we do learn more, there was someone on here from South Korea that I would like to chat with as he seemed to be privy to much of what has transpired in South Korea over the past 12 months. Time will tell on how the US offtake discussions pan out. Take this as just scepticism but the pretext of advanced US offtake negotiations is a good one as it relates to potentially getting more capital in a capital raise. If an offtake hits happy days, if not then we will probably hear nothing more on it for a while. But you know many are saying that we are possibly heading into a recession so its prudent that ASM use all tools in their bag to raise as much as they can.

Do you have details on ASM's recent trip to Washington, I can't recall if they were there as part of an industry junket or if they were there to further discussions already negotiated to some extent - hence now advanced discussions.