Ann: Corporate Update, page-19

Shovel Ready Resources morphing into Near Term Technologies eh?
Burying the graphite hatchet and moving on to the high tech pastures of the Townsville paddock.
Announcement suggests Magnis making significant progress in stretching credulity of punters:
"significant progress is being made to strengthen the Company's position as a leading manufacturer of lithium-ion batteries".

Leading manufacturer? Bold claim might raise eyebrows at Panasonic, CATL, BYD & LG Chem headquarters.
Recall those companies have actual commercial plants supplying world's auto giants.
Oh well, guess u can dream with first order of business dreaming up a new name.
One name already taken is Conamix, used by C4V's NY-Best stable-mate and also a start-up with cobalt-free battery ambitions. A freshly funded battery startup aims to ease the cobalt crunch