Interesting change of language by Mark in this announcement...

Interesting change of language by Mark in this announcement referring to the Vittangi deposit as Tier 1.

"Results confirm Vittangi as Tier-1 European graphite asset to feed Li-ion battery manufacturing and EV industry"

This may be a subtle shift of language to align with the recent announcement from the EU to establish the European Critical Raw Materials Act and potentially support projects of significance to Europe to meet self sufficiency and climate goals.

How many other Tier 1 graphite resources are there in Europe apart from Talga's........None!

• Recall Mark's webinar with members of the European Parliament and European Commision a a few months ago about how they can support Talga;
• Talga's Communications Director recently visiting Brussels coinciding with the announcement of the Critical Raw Materials Act;
• Mark is currently back in Europe (Germany) early and the Swedish Court visit tomorrow aligned to permit being announced in Q1.
• Mark commenting in the recent webinar that they are going to continue drilling to see how big this project can go reinforcing Talga's strategic importance to Europe.

The alignment between Talga's strategic positioning in the battery materials space and Europe's climate ambitions leave no doubt in my mind that Talga will be the beneficiary of European Government funding support and will be announced coinciding with permits in Q1, if not earlier.