Ann: Letter to Eligible Shareholders and Nominees, page-43

If I was to write to the Company I'd get a reply about Wabowden. That would get my back right up because frankly a Company valued by the market at $15m would find it difficult to raise $100m for purchasing a new asset. It might seem easy to a Board who has raised many tens of millions before but investors can see what they achieved with that capital and how it was managed. We need to show success at Ta Khoa. Even a non binding MOU between Australian producers, BSX and/or our Government to explore options to bring the refinery into Australia's future battery materials sector would go a long way toward being good management. Non binding. FFS. There, that was nice. I'm nice.