Ann: Entitlement Issue Prospectus, page-169

Matt. Thanks for your thoughts. I'll try to be nice coz it seems you're one of the few willing to speak to me.

I don't think this going under proved your theory correct about the YXGC offtake being a sham. They would have taken the large flake if Nicanda Hill had any imo. Although i agree with your analysis on the size of YX - i had a different theory that I never posted on HC.

The YXGC offtake was a front to actually supply graphite into the European markets direct from Moz. Direct import of graphite would have been via another front company that is Ukranian based - who in turn supplies graphite to Russia on first refusal basis - with any excess supplied direct into EMEA markets.

What people needed to do to uncover this 'theory' was understand what 'TWG Graphite' is. Not TMG. TWG.

http://graphite-gbg.com/en/about-company.html

Btw - you did nail Lamboo correctly imo. To a tee i think. But something you may not be aware of - I nailed Lamboo and the scuba diver as well.

Cheers.