Ann: Carbine Tungsten Engages Palisade Capital, page-11

Hi Guys,

I hope you're all well.

In my opinion, given the recent announcement, these are the important questions:

It has been presumed that the Mitsubishi funding offer has been stalled by management in light of alternative funding partner/s.

If this is the case, why has management retained an introduction firm?

Moreover, if no alternatives exist, why hasn't the Mitsubishi funding offer been signed?

Remember, key milestones projected for May.

To date no parts ordered, no alternative funding.


All the best.