One to watch out for, page-8

TMT will out do AVLs down stream processing 10 fold.

Ian has already taken the ore from mine all the way through to electrolyte via LE systems certification.

Australia- Electrolyte- Ferro Vanadium- Vanadium Nitrogen

India:- Electrolyte - Ferro Vanadium- Vanadium NitrogenJapan- Electrolyte

US??Electrolyte

Korea??

See the picture building. RCF took a position in AVL because they haven’t got a hope in hell of taking control or influencing TMT. They are just a passenger with a major holding on the TMT register which may offer some finance soonish