Hold or top up! IMO------ A further two R&D rebates are expected...

Hold or top up! IMO


------ A further two R&D rebates are expected to be received in Q1 2023.

-------The team is progressing well with developmental milestones, and results are expected in Q1, 2023. The Company also announced that it is designing a program of work with the objective of opening an R&D pathway for largerscale Energy Ink systems through Energy Ink packs with multiple large cells connected or larger Energy Ink cell sizes. Further information on the program is expected in Q1, 2023.

-----To further enhance the development of the Energy Ink technology, AAM and Dr Dewei Chu also applied for an
Australian Research Council Fellowship grant during Q4 2022. This additional funding will expand the research and
development team to explore opportunities in different battery/power applications. This project will involve
further fundamental work to investigate the upper limits of the Energy Ink technology, in areas such as maximum
power output, duration and energy density. The Company expects to know the outcome during Q2 2023.

----tealth also continued to progress its late-stage broadacre weed detection technology and completed live trials in
connection with the Australian Herbicide Resistance Initiative in the quarter. Live field trials were conducted
during the quarter at Pingelly in the wheat belt of Western Australia and the data is currently being processed and
analysed and is expected to be available in Q2 2023

Maria Resources (Maria)- --- sell it----
Maria focuses on technology metals (e.g. REE, Ni, Cu, Au, PGE (platinum group elements) related to batteries and
advanced technology and applying innovative geological models to unexplored terrains. The highly underexplored
Madura Province on the Nullarbor is experiencing increased activity with exploration tenements held by
companies including Rio Tinto, BHP Nickel West, Chalice Gold Mines (under JV with Sensore) and more recently
by Northern Mineral Resources (NMR) and WA1 Resources (WA1).