Ann: Notice of Annual General Meeting/Proxy Form, page-8

When need to dig deep into the fundamentals >>>> Plenty of exciting stuff to discuss at the meeting!!!

Westpac would not have given this loan if there were any concerns with the company "On 21 July 2023, obtained a Bank Bill Business Loan of AUD 5,000,000 from WBC for working capital with a two-year term and a variable interest rate of 5.9363% p.a. The repayment arrangement includes both principal and interest, up to 20 July 2025."

At the time of the report only 25% of Tritiums left to fill still 63% of I-Chargings order to fill (expected completion end 2023), plenty of revenues $$$$

High-Voltage Input Rectifier: A custom high-voltage input rectifier project is advancing, with prototypes due by Q4 2023 and
production starting in early 2024, indicating growing demand, particularly in defence products.

"Megawatt Charging System (MCS): The Company is actively exploring emerging markets for MegaWatt Charging systems,
encompassing transport, marine, and aeronautics, as well as x-MegaWatt Charging for mining and power systems for netzero energy sources like hydrogen generation. The research and development team is initially developing a customized liquidcooled rectifier module tailored for these markets. Upon finalizing a formal agreement with a customer, the project will
commence with meticulous attention to detail and precision.
Long-Term E-Mobility Outlook: Despite near-term grid capacity challenges, the Company expects continued revenue growth
in the E-Mobility sector due to consistent demand for charging modules."