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TIMELINE


        DOWNSTREAM BUSINESS MILESTONES


        Over the next 12 months Blackstone will increase confidence in the Ta Khoa Refinery by progressing a DFS and proceeding to builda
        pilot plant in Northern Vietnam. Blackstone is inviting interested parties to collaborate during this phase.












                                                                                                           Detailed                                                          NCM
                                             DFS &                            FID,
               PFS                       Pilot Plant                    Offtake, JVs                  Engineering &                     Construction                     Precursor

              a                                                                                             Design                                                      Production



















         2021 H1                             2021 H2 - 2022 H1                                          2022 H2                            2023                            2024








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