Ann: V-KOR Vanadium Battery Achieves Australian Grid Integration, page-34

Entered.

The presence of the Koreans and mining in Korea were the deciding factors.

First, Koreans are way ahead in their technological development and they are extremely motivated to get these batteries going in that they are currently huge energy users yet dependent on oil imports, that is, the efficiencies of their economy are in for a huge boost with less reliance on oil and gas. Nuclear power plants are on the nose with the current President too, so V batteries look like a natural way forward.

Second, Korea is a mining friendly country in terms of laws and no apparent anti~mining movements, with highly developed transport systems, and cheap blue collar labor. Moreover, they are hard wired to work hard too because there is bugger all social security to fall back on. By contrast, can any of these factors be said for Australia mining?

This is an exciting stock, particularly at this market capital, and I will gratefully buy more on any downward movement in share price.

Imho & gltah