Ann: Update on Epanko Graphite Project and Pilot Plant Strategy, page-39

Weeks and months from now you know what you guys will be saying? You will be saying we should of at least taken in what Tony said. If you guys think I am here to make your life a misery you have totally got it wrong.

I have asked serious questions and you guys want to pass it off as down ramping. Imo it's obvious a CR is due soon . Can you agree on that? With $1 million left in the bank in 4 weeks time and that's if they have not gone over the forecast.

Kentyd said If a CR is coming it will be to fund the 10/20/30% equity component of the mine.

Imo this won't be the case. I really don't know how much they will raise but I can't see any of it going to the mine.

I have a feeling the number 871 will be significant to KNL holders. Time will tell.