Ann: June 2018 Quarterly Report and Appendix 4C, page-8

Are we onto a winner or not? Well Turkey, India and other underdeveloped countries ( = to most of the worlds population) are suddenly interested in GSL technology. Why?

Well just consider the implications of the revelation that India now being interested in the technology. It's Turkey on steroids, and to boot they just slapped on a 25% tariff on current silicon solar panels "due to depletion of foreign country reserves.

(incidentally silicon panels are predominantly made with Australian taxpayer funded innovation stolen by China and Malaysia courtesy of a technological betrayal by UNSW)

Alas, despite their wildest lobbying efforts coming true, India's domestic panel industry will be unable to supply the massive solar panel shortfall anytime monsoon. Hence 6% of the worlds population will potentially remain power deprived for years more. Effective GDP per capita will remain stuck on way less than $2500, political suicide. Imagine 3o0 to 600 million people either without power or unreliable daytime industrial electricity on a daily basis in just 1 country. That equals dampened demand for billions of solar panels, resulting in both lost exports and growth due to the dearth of electricity. Besides, most couldn't afford silicon solar cells even before the new tariffs.

Nevertheless, cheap solar are available ONLY if India follows Turkey GSL perovskite model, supercharging both local economies and national GDP by providing domestic manufacturing jobs and electricity with negligible ( a mere few hundred million to GSL) foreign currency outlay.

No wonder they are suddenly interested. With India having 15x the population of Turkey, this equates to the GSL India rights being capable of commanding approx. $150 mil. but still returning 100X ROI to india and other adopting countries. So don't buckle at the knees on price for rights RC and lock in perpetual future technology upgrades to boot!

And as we know, solar Perovskite describes an constantly refined electron emitting molecular sunlight trapping structure, achievable by many routes, not a fixed "recipe" like silicon. As GM realised when up against Ford, why sell 1 car to a customer when you can sell a new model every year?

So the reality of any new power generation is:


Coal = 8c + per kWh. ~ 24c retail. = half of average income in mid level economies on power bills for developing country workers, mostly on intermittent or suppressed pay due to factories with fluctuating power. It produces massive carbon and other pollution that affects health. = $1000 plus to power bills to households with low and intermittent employment due to flaky power supply and little air to breathe. Thus it puts brakes on the economy creating a suppressed economic and carbon polluting cycle, a greenhouse gas emitting, growth killing power trap.

Imported Silicon solar technology= 6c per kWh. ~ 18c retail =more than a third of average income, plus deployment stymied by gov't policy to avoid massive trade deficits through importing millions upon millions of panels. Causes a logjam in domestic developing country GDP growth, tantalising, but still effectively unaffordable to the countries poor.

Domestically produced GSL Perovskite Solar panel technology = 2 c per kWh, 6c retail. Less than a tenth of family income to properly power a home and full employment by factories now with reliable daytime power, paying ever better wages resulting in constantly ratcheting up national GDP without breaching the Paris accord.

So GSL is rapidly becoming a supplier of constantly up-gradable iterations of practical perovskite technology, creating a GDP paradigm shift, ensuring re-election of governments providing economic growth to thankful voters for the outlay of peanuts. The excess power generated at mid day will be cheap enough to use to split water into hydrogen and oxygen to be recombined to produce power at night or when the sun don't shine.


So would be investors, what has the most future value, 1 Cochlear share or 1000 GSL, 1 hearing aid to 5% of the masses or 10 GSL solar panels per head worldwide or should they both be valued at north of $200 per share?