Ann: Corporate Presentation, page-109

Hi Kenji

I've been reading the LCK HC thread for a couple months now, and it has descended into behavior akin to children pi**ing in each others sand pits, used to be a bit of technical / fundamental analysis on here, but sad to say i think those days are over.

If you want my honest opinion, and its only that, then no - flow data hasn't changed, DEM have not change their stance, and i have not bought back in.

A couple of months back i had thought about buying back in for shorter time frames around catalyst announcements etc, but without trust in management, i wont be touching LCK with a barge pole.

They've still failed to clarify discrepancy between DEM's classification of commercial success and their own touted success from around 5 months ago.

Appreciate that will p*ss off most of you, but i will remind you i was asked for my opinion - and now you have it

All the best