Ann: Joint Development Agreement signed with UEP and AETC, page-27

Market Cap Comparisons:

BKT - located in Tanzania, VRC located in Tanzania but VRC larger resource based on just circa 7% of the area. Likely to be even larger and worlds largest. Status - both at funding stage. VRC share price to equal current market cap of BKT would be 9.2c

VRC also has lithium next to RIO, has graphite producing mine in Ukraine, has gold tenements next to PDI.

WKT - located in Tanzania also, looking for funding - SP of VRC to match them would be 3.9c

I am not even going to mention RNU as they are in Australia or MNS as they are building a refractory. But suffice to say a share price to match these guys who are also needing funding to develop graphite mines and not even producing yet would be a share price of around 20c and 16c respectively.