Ann: Operational Update - Clean Energy Technology, page-99

$4.8M odd is not going to save this within 12 months, that will be less the two quarters funding, so not enough to survive until the next 150 million odd 5 cent bonus ones are due, or the 73million odd options still on the table at 6.4cents from last raise due in 2026….or the close to 100million director and CEO options still on the table at various prices between now and 2026…Nope $4.8M is certainly no where near significant enough to put a dent in any real plans to scale up and grow rapidly in 12 months.

They may not have pulled the figures from their butt as you say but it certainly doesn’t appear to be part of any grand plan or strategy, other then a broker managing to get an already heavily discounted raise filled in rapid time.

Expect there may very well be a need for future funding either by SPP, Insto raise, equity sale, grants etc and know full well voting against the options may make this a much harder task….but with the right progress (I have faith in the science teams ability and tech to keep advancing) and if that progress is shared with the investment community (not buried in a no news is good news mantra) then with any luck it is not at 3.5cents.

If it’s under 3.5cents then the options were never getting converted anyway and the point is moot.