Ann: Independent Li-ion Battery and Lubrication Test Results, page-22

As I said in an earlier post older wiser, this actually gives me a bit of optimism,

The fact that it looks rushed makes me think that someone is getting their wrists slapped for taking their eye off the ball. And now we are seeing some communication.. it’s a shame it co-incides with the sp falling below 30c.

Our sp now sits at 29c our market cap at 30mil. Hazer need 10mil for their demo plant. At the moment they would know a lot of options are outstanding, and it seems some will be going through to the keeper. They would need a significant amount of options to be converted to continue on their merry way to build the demo plant by early 2019.

They will likely raise funds from Arena, and possibly some from options, but operating costs and demo payment makes it seem there is a shortfall.

To raise those funds next year from deeper pockets, will take a few months, moving back their ability to get the demo plant started by q1 next year. Maybe q2.

To me it makes complete sense to have the options in the money, and I think that this is what today’s ann is about..

It pains me to point out it didn’t spark any interest, as the first trade today didn’t occur until around midday. And it seems that the only kind of ann that will gain any push to the sp needs to relate to a possible income.. A partnership, or MIN royalty, or a FEED study, so we can calculate possible income in a set timeframe.

But what I read into this is that someone is concerned about the share price, and that is a welcome change from the last 2 months.

All IMHO