Ann: Lindi Jumbo Project Update, page-806

Hi Louis

Does WKT DFS mention,

they will rip the surface ore with a dozer and then load it with excavators? Now the company is using drill and blast as per the Fresh mineralisation.

Did the DFS also state the time frame to build the lindi jumbo graphite mine was 9-12 months, where the company has updated the time frame in numerous announcements stating it would be 7-9 months due to the start works from 2019?

Did the WKT DFS also state WKT would have 2 stockpiles of ore (low and high grade), and we only have one on site?

As you would be aware, it is now 12 months after WKT recommenced its construction, the company forecast as per its schedule it would be dry commissioning the production facilities right now. Not suspended from the ASX and trying to resolve its finances, or suspending all of its international shipments to site.

If you honestly think this is questioning the legitimacy when they have all been proven by Mike's tweets you really need to go back and read through the announcements and view Mikes tweets, you seem to be missing many of the details.

BTW, If you read through other companies DFS you will see many companies do not achieve their forecasts, the ASX largest producer is still yet to achieve its forecasts and is losing around $10mil per QTR from its mining operation. Are you suggesting HC posters cannot point out these failures in their DFS?