Nicanda Hill V205, page-20

Fingers crossed Steven.

Let's hope the mining license comes through shortly & financing can advance, would still like to see them wraped up before years end.

Nicanda Hill JV is targeted for H1 next year according to recent investor presentation announcement. With the current prices of vanadium & anticipated demand I remain confident they will pull it all together.

I dare not think of the sp in 18 months if we move to production & secure a JV for NH.

As for WGX, I don't think they want to dwell on it any further. Certainly not in a public forum as it can do no good I'm sure.

For any investor who has legitimate concerns wether it be WGX or other matters I really do encourage contacting them.

I'll say again David Edwards was fantastic & very open.