Embedded growth opportunities INTERNALLY FUNDED, LOW CAPEX OPTIONALITY., page-68

Hi Sparecash

Thank you for again pointing out why we shouldn't rely on PR Tweets. Mike tweeted that WKT was processing 19.02% TGC graphite, yet the ASX announcement detailed this is only 13-14% TGC.




I have asked numerous times why there are these variations. yet none of the HC PR crew can explain.

Another example of the HC PR crew stretching the truth with the production output, we have WKT claiming they expect to reach 1/3 production by the end of July, but these posters are claiming they have already achieved 50%

Then we have the output that Mike has confirmed from the Rod Mill on the 9th of July only 1421 tonnes has passed through it, using the TGC grade of 13-14% this would only produce around 200 tonnes of graphite, which matches with those trucks you have pointed out.



Anyway, no one can answer why Jinpeng still hasn't handed over the plant, we have the PR excuse saying you wouldn't let the experts leave the site, Yet WKT has already confirmed.

", the EPC Contractor responsible for the successful completion and functional
handover of the processing plant, has agreed to supply some important staff for a period of 6-12 months
post commissioning to support the ongoing operations and to ensure a structured training, familiarisation "

Looking forward to seeing how WKT intends to "inject the minimum US$2mil" as requried by Gemcorp.