Ann: Development Progress - Lindi Jumbo Mine, page-1194

Hi Sparecash

Lindi"s BFS - WKT has never completed a BFS, if they did it would have worked out the construction period of only 7-9 months was completely BS, have we now hit the 2 year mark of construction.

WKT Bulk sampling - only the surface mineralisation has been conducted, my commentary regarding flake loss still stands.

China Ban - You simply need to apply for an export license. When you consider China was only exporting around 76k tonnes of flake graphite its not a very big void to fill if no export license were granted.

Largest graphite mine in the last 5 years. We have all seen the largest graphite mine that was built in the last 10 years is year to make a profit and is running at 30-50% of its planned production.

you also forget, The Lindi Jumbo mine is yet to complete the construction of the mine or produce 1 tonne of salable graphite. The Lindi Jumbo mine might be the biggest failure in the past 5 years.