The big question.....financing, page-104

the squash, I believe there are two sides to this. The company can either be approached or adopt the additional detail as it is believed to assist further with discussions or open the window of opportunity further. My opinion in this case is that there are not as many parties currently interested in our vanadium product as what many here are led to believe, that said this will change as at some stage - personally I feel AVL and TMT need to start drinking out of the same cup BUT there seems (or should I add, more so seems likely) to be a few stubborn people at each helm. Again I feel that over time the king kongs of the battery industry have control of most of the junior commodities space anyway, they will act when they deem it appropriate, we are on their time-frame rather than what we as investors tend to believe i.e. everyone just waiting for the DFS/BFS etc.

As far as the communication from TMT goes to individual shareholders ... terrible, need I say more. I think I have somewhat gone into this area previously. They should start paying attention.

Good luck everyone, again this is a great project in the making so I truly hope they don't screw it up.

NL.