General Discussion Topics, page-134467

Sure ... this is JB reply to Elias (GTLoui) who had just vented his displeasure wondering why Vulcan can sell out its production of Hydroxide and SYA can get an OTA for the remaining 50%

(JB) No. I think Elias the difference was the offtake contract - it was around the EGM time - wasn't what I would consider a strategic contract or a partner. It was more a trading Alliance. That's not what we want to do. What we've had now is, production opportunity and we're getting samples. The ability we have now to get a stronger product and I reiterated to the gentleman before that we've used the consultants - sorry the traders - to get material into converters that we know, getting the feedback on the accreditation, which allows us to demonstrate to the more sophisticated offtake partners of how good the NAL product is. How stable it is, how consistent it is and how it converts. That's a six-month process. I'm not saying it's not six months. We are pushing down the path, but there was a there was probably a different mindset that said maybe we keep or preserve some of NAL to lure a bigger partner in Moblan. That's probably not the situation I see right now. So, it's ongoing but there's a few moving parts in that. When you enter production and people just sitting on the fence, once they see the product in the market, then you can get some better players involved.

Not sure if that's exactly what you were thinking. Certainly talking about an accreditation process taking ~6 months and using NAL to lure a bigger partner for Moblan (ah the marlin again?)