Ann: Triton Minerals Webcast, page-19

Maybe I will start on this one.

Vanadium has been tested, analysed and approx costings by Syrah with a study you can get via the Syrah website. Although Triton's Vanadium might be in a slightly different form no doubt to me that it is very saleable also.

IMO I would think BB and the team would be very interested in the sale of this by product along with the Zinc. I would have thought it would make sense to build the production facility along with the main graphite plant as to leave piles of Vanadium contained ore everywhere when it holds huge revenue is just plain silly.

With this reason in mind I wouldn't be surprised it Vanadium off takes were very close to follow.

A plant might cost $70 million but the approximate returns could be $75 million as per Syrah V study. Also if further off-takes were to come in this would increase - substantially.

Great position to be in and massively makes Syrah and Triton stand out above the rest. Not mentioning any names - as they are a bit sensitive at the moment.

Captain Morgan!