Ann: Tanzanian Graphite - Investor Presentation, page-33

absolutely - no one saying its no risk - yes tomorrow VRC "could" announce vol admin. and tomorrow we could get announce that stage 1 and 2 is being funded - both extremes at each end - both possible tho unlikely - many stages would be seen in either direction.

yes i have all my super and house deposit in cash invested - big risk big reward - NPV $1.4Bil and people worried about 3-5 mil to tie us over till next year where we will be earning income...

its like saying i own a ferrari but this week i cannot afford petrol but payday is next week - no one would be freaking out and seizing your ferrari because you cannot afford to put petrol in it.

in short yes there is a risk - yes we know - we also know what can turn this around and that is why I hold things can flip overnight. if not happy to hold 5 years - was up 50k from my initial $120k now im down 50k - didnt sell then wont sell now... will consider maybe at 20-30c but see it going higher when supply becomes critical....