In talks with Volkswagen, Siemens, page-182

Who said they have failed? You? You, the wise graphite investor?

So you know who they are in talks with right now do you? 

What would you say the time frame is for a startup battery producer to get into production? You have no clue. Neither do I but like sand through the hour glass the battery strategy is moving along nicely and it seems like what they have been working on for the last two years is about to become a reality. Other companies in the graphite space are either under investigation by the ATO or dropping logos from their presentations for inappropriate use. Some both.