Ann: First Drawdown Senior Debt Facility, page-75

Hi Sparecash,

Wow you failed with your comparison, I hope you are aware battery graphite is -100 mesh 94% carbon, it isn't until it is turned into spherical graphite (round balls) and then purified that it achieves the 99%+ carbon content.

How did you not know this?

I guess we will soon see if the new process Croc claims WKT has produced is a viable method for graphite recovery, purity, and flake size retention, as I keep saying with the Credit Card interest rate and loan repayments on a US$20mil loan to start next year, WKT cannot afford to head down the same road as SYR where they have lost flake size and the graphite recovery is down to 71%.

On top of all of this, with the significant decline in graphite prices, it will be interesting if WKT can even achieve the forecast DFS. prices.