Ann: Appointment of Managing Director, page-5

Good Morning Bella,

As I have said many times before, it appears WKT has finally worked out that the future demand in graphite is batteries, not the niche expandable graphite market.

If there was any intelligence in the board they would have completed a complete range of tests on its graphite for use in lithium-ion batteries. cycle life, energy density, and more importantly the impurities in the graphite.

One day you guys might work out what all of the experts are telling you, it's pretty obvious when you look at the forecast graphite prices, larger and jumbo graphite prices will fall due to all companies having the ability to produce small amounts of this flake size when they produce smaller flake graphite.

Having a high interest loan to repay could be very interesting if WKT doesn't achieve its DFS forecasts.