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JUST 10-11-12

10/15/09 12:53 PM

#1636 RE: maseraticoupe #1635

with demand for the element, it should.

Keith
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Millstone

10/15/09 1:54 PM

#1640 RE: maseraticoupe #1635

If I'm not mistaken, Vanadium Pentoxide is actually around $7/pound. Lithium is about $3/pound. So our Vanadium is double the cost of Lithium. In addition, Lithium is extremely common and abundant, while economically extractable Vanadium is rare.

We are in a great position.