Ann: GAS PIPELINE EARLY WORKS AGREEMENT EXECUTED WITH APA, page-8

Managing Director Ian Prentice commented:
“Progressing the early works for the development of the Proposed
Pipeline with APA Operations is an incredibly significant step as we
continue to de-risk the development of the MTMP, the world’s next
large scale primary vanadium mine, with an anticipated cost
effective, low risk energy supply solution. This is another key initiative of
the MTMP’s Implementation Phase.”