FYI Have Arrived, page-306

I would like to ask a couple of questions if that is ok. no worries - any time.

1. Are we still looking at snagging 2 offtakes 1 in Europe and 1 in Asia? Well yes we are + many more if possible. We are looking at many possible offtake parties, Discussions with some groups are more advanced than others.

2. Do you think we will sign them up before xmas? The time line is always with the off-take party - but yes, we are hopeful that something will happen by Christmas

3. What news can we expect this quarter? we are going to have a pretty busy quarter - but unfortunately cant say too much

4. How is the Alcoa relationship going? Can we expect a JV or a buy out this year? The JV discussions are going really well. We catch up every week to progress the MOU to a JV. We will start undertaking some joint R&D shortly.

5. How is the pilot plant program going can we expect more news on this soon? Yes, the pilot plant is going well and we will have a series of announcements out regarding this over the next couple of weeks.. We will also start ALCOA work soon too.

I hope this helps - cheers

I thought I would share Roly's reply seem it has been a tough day.

I would like to ask a couple of questions if that is ok. no worries - any time.

1. Are we still looking at snagging 2 offtakes 1 in Europe and 1 in Asia? Well yes we are + many more if possible. We are looking at many possible offtake parties, Discussions with some groups are more advanced than others.
2. Do you think we will sign them up before xmas? The time line is always with the off-take party - but yes, we are hopeful that something will happen by Christmas
3. What news can we expect this quarter? we are going to have a pretty busy quarter - but unfortunately cant say too much
4. How is the Alcoa relationship going? Can we expect a JV or a buy out this year? The JV discussions are going really well. We catch up every week to progress the MOU to a JV. We will start undertaking some joint R&D shortly.
5. How is the pilot plant program going can we expect more news on this soon? Yes, the pilot plant is going well and we will have a series of announcements out regarding this over the next couple of weeks.. We will also start ALCOA work soon too.

I hope this helps - cheers Roly