Ann: Quarterly Activities Report, page-20

How is the QTR report positive,

The plant still isn't completed, they require those backup generators. it appears the backup funding measures will be required and WKT has no customers in a graphite market that is currently oversupplied,

WKT is yet to produce 1 tonne of graphite and it is unclear if they will even produce the ratio of jumbo's the DFS forecast, We all know the value of WKT is all basket on jumbo flakes and with the significant cost of removing the overburden in the first 10 years, WKT needs these higher prices to pay for it removal.

MRC - it's an extremely poorly written report it would lead investors to think the company is going insolvent, yet they didn't mention the US$7.5mil shipment that left yesterday.