Ann: TVN Update on Vanadium Electrolyte Testwork Program, page-21

I think I tend to agree.

Without Fluorite as an early cash flow though I think the only logical decision that could be made was salt roasting.

But the Fluorite reduces that risk of needing early cash flow or any unforeseen teething issues with the TIVAN+ pilot plant (there almost certainly will be as there always is in upscaling a new methodology).

The decision may ultimately come down to what the risk appetite is like from Sumo or their end goals. If they like the look of TIVAN+ and the 3 products then I think it's an easy decision.