Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-2

The reference to 2 term sheets received by HSBC is encouraging re funding for iM3NY expansion:

HSBC has received interest from a number of parties, including OEM’s and financial
investors, with term sheets received from two which were under review at quarter end.
Discussions with the US Department of Energy’s Loans Program Office (LPO) also
continued during the period with further information being furnished to the LPO to assist in
their assessment process.

Cash position also a little better than I thought I would end for the qtr.