Ann: Appendix 3B - exercise of options, page-7

Mostly avoided the bloodbath that could have been today, but still in a downtrend due to loss of patience from retail holders. Lack of information flow around anything other than the graphite anode developments would be playing a big part in that. The quarterly activities report was the opportunity to provide that information to shareholders, but was light on.

The last Top 20 update was in mid-May when the SP was in the mid 0.50's. Management has generally been pretty transparent with keeping this updated on the website, so it would be good to see that updated asap considering recent option exercising and SP decline.