Q&A with ECT, page-32

Sideways, my understanding is that the whole point of the tef was to narrow down costs involved with Matmor through to commercial demonstration. This obviously has a degree of uncertainty. My understanding is that the funding and commercial agreement that will be signed takes us all the way to commercial demonstration of both technologies. I initially thought that funding will just involve coldry and matmor pilot as costs for matmor demonstration still have a degree of uncertainty. I'm sure it was discussed a little while ago. We will be looking around the 40-50 million mark IMO to bring both to commercialisation so if an equal split around 15 million.