Ann: Australian Graphite Conference 2017 Presentation, page-2

15 presenters telling there story. Will be a long day.

Expected VRC to pull back from above 4c but cant imagine it will drop much further with DFS and licence drawing closer. Company consistently announcing in a timely manner. The DFS will happen and from what I gather, mining license shouldn't be a problem with the relationships, jobs, Port usage etc.

Also expect news on the short term funding. I reckon prob have $1.5 mil plus at moment. Maybe not enough until options come due but am sure with the contacts they have, a small line of credit or something can cover until $5 mil options money due. Let's hope this will all be sorted together with DFS and licence in one big announcement.

My opinions but makes sense to me. Obviously risks as per any miner moving to production but the ore in the ground ain't going away. Don't like comparing to MNS (like both stories) but surely should be closer to quarter the size rather than eigth?