Ann: March 2014 Quarterly Activities Report and A, page-2

re: Ann: March 2014 Quarterly Activities Repo... It beggars belief that further drilling is required.

To get to the mega deal,we spent money to get a JORC,only to find out,it had to be the Canadian equivalent,which cost more money,now we have to go drilling again,surely this should have been flagged when talk of the 60,000t production was mooted?

Significant resource upgrade for Uley Main Road Graphite Project

http://www.asx.com.au/asxpdf/20110615/pdf/41z6z2kk1g3vyq.pdf

I guess the writing was on the wall when whatshisname got the gig as a geo at Valence.

To whoever wrote the report,its all over the place have a look at yaself.

Raider