Ann: Trading Halt, page-63

Is this going to be a small $5M raising to keep the lights on, or a big raising to bring the NY plant into 1GWh production? Sounds like this is plan B after the prospective cornerstone investor pulled out. So likely to be a small raising to the Sophs. Soon we'll see photos of the NY plant equipment in-situ and news of Siemens process automation design completion. This will be the first of type plant, soon to be replicated in Germany and Townsville, then undoubtedly other places around the world.

Battery demand to outstrip supply in the years ahead. Tariff wars also playing into our hands as Battery customers prefer indigenous supply, without Cobalt's problematic supply chain.