Ann: Results of Meeting, page-58

In all fairness David spent his 6 months or so cleaning up the mess left behind by the other lot. Then we had discussions with trinseo and wyon ( it would be good to have an update on these 2 opportunities whether they are yay or nay) then we had a 11 month court battle with ferroglobe which I suspect put everything in slomo until mid March 2024.

In reality the brakes have been off for last 3 months and we have discussions with 4 or 5 EV manufacturer's and a gigafactory and 10 priority leads.

It is what it is unfortunately, could anyone else do a better job maybe but if these guys can't get a deal across the line with the funds we have then I don't think anyone else could. The perception is we are a minnow dealing with a behemoth. Until we prove ourselves with a deal that is the reality we will be put through the ringer.

We are now in prototype stage so that is a massive achievement we just need to get an agreement.

Cheers

M.oz