Ann: Engineering firm engaged for Vanadium Electrolyte production, page-7

Akita1 i believe TNG will fly and I believe the proposed refinery site at Darwin will prevail.

We see a project that because of its particular make up coupled with timing has felt the full consequences of yhe COVID pandemic. This COVID chapter is just one of many chapters that TNG has had to confront.

Another is the changing environmental climate and global requirements to address this issue.

Both these examples illustrate the tough times TNG have had to address. They in my view are progressing well in light of these obstacles.

In the announcement of 9 August updating progress what came through, to me, was that the BoD and its partners were addressing all issues and had advanced contingency plans available should they be necessary.

It is my view that TNG will go into production. We will see TIVAN taken up in this new world of CO2 reductions, as a global benchmark and we will see Mt Peake developed to its potental.