Ann: Quarterly Activities Report, page-8

Hi Ace,

I re-read my post, It is100% factual and proves Semi was misleading investors once again,

I am surprised WKT didn't include the prices for +32 mesh from Benchmark. the prices are significantly lower than the DFS forecast for +32 and +50 mesh. Interesting WKT is still trying to secure its offtake agreements, I guess when you have a few month's delays I can understand why there is a delay with these agreements.

Regarding Graphite prices, MRC didn't achieve the higher prices as I thought they would be based on Benchmarks and fastmarkets pricing. they are the only European operating graphite mine and they haven't increased their production when they have 60% spare capacity. seems pretty odd really when everyone is claiming there is a short supply of graphite.