Ann: June Quarterly Activities Report and Appendix 5B, page-6

Well what has WKT done in comparison.....Firstly they have been trying to raise only $30 mill since Jan 2016 which you said was a walk in the park exercise....and would be easily achieved and continuously claimed funding was imminent.....ever since then you have misled punters for what appears your personal greed....WKT turned down an opportunity to borrow the $30 mill at 18% as TB said he could do better ...This was stated at the Sydney forum you might remember.... It appears in the eyes of WKT it has been better to dilute the company by around 800%...3.5 years of broken/failed goals.... Today from WKT the goal posts have again been pushed back and further delays in funding have occurred .... You might remember SEMI that TB said funding would be finalised in June... Now they are saying end of October ( maybe) ...... You are comparing WkT to GPX in relation to cash balance...... You recently raised further Capital at mates rates to T40 investors and further dilute ....... That was after a $10 mill CR ...... that was to end all the CR..... To the credit OF GPX they did not go to Pattersons like WKT did.WKT went to them TWICE .....

With finance for grahite mines in Tanzania being difficult to obtain you have the appalling nerve to query the good work GPX are doing and have done extremely well in their endeavours when you compare it with WKT.... and don`t forget the revolt that took place that had to be done to save WKT... This won`t happen at GPX.... I leave it upto punters to decide the credibility of such a post ....and the others that cross over from WKT to comment...