Ann: Launch of Proposed Senior Secured US$40m Loan Note Issue, page-264

Natos. Once WKT signs off on full funding in the coming weeks it's Good Night Irene to all existing Tanzanian based Graphite company's for at least three years or until Graphite demand exceeds WKT'S Output in my opinion. By this time WKT will be a juggernaut with it's processing plant operating at it's 3400 tonne feed grade maximum capacity.

We currently only need to feed our plant 840 tonnes of feed grade to achieve our designated 40k tonne start up. Even then in the first year by select feeding higher grades of TGC above 25% and not the average LOM grades of 17.9%, we will easily over shoot that 40k. This is where Wogen really comes into play. Over 100 jars remember. Management already have that play in motion.

Even as new competitors look like coming online WKT will be at the point where processing our stockpile years in the making of TGC equivalent or better than TGC LOM content of most our peers. Keeping in mind that WKT'S TGC is that far superior to most our competitors it allows us the luxury of a cut off grade @ %10 TGC. It's not hard to understand the desperation of some currently posting on WKT. IMO. NLN.