Ann: Shareholder Update, page-8

A couple of paragraphs worth reading twice for me, firstly confirmation that graphite as a dry lubricant is at least comparable, perhaps exceeding.


Secondly, they have sufficient funding currently to run their under lying activities to the end of 2019, but intend to use their own resources in partnership with others to develop the demonstration plant. It raises the question where will the additional resources come from. It speaks of confidence that the options yielding ~$7.2 million will be converted to fund their share