Ann: Managing Director's AGM Presentation, page-59

Ok proga given you know so much regarding me i will clarify.

I hold 200k shares @ average of 24.3c - yes I am green. I was looking to build to 1 million until this agm. I feel for those long holders that have seen poor decision after poor decision and management just so ignorant to all vested parties. Clearly I am not alone judging by voting at agm.

If you can read properly - I have asked for more transparency and guidance on graphite sales - forecast predictions and prices. Now although graphite is marketed differently to other commodities - this is there specialty business - one commodity only and it is expected through their channels they would have some forward view on such from their network of alliances and contracted organizations - not just a line re China withdrawing it EV subsidy - which they failed to say that China has changed this policy and it remains in play - so the company again fails to advise facts - very important facts that have a massive consequence to graphite demand a prices.

If you can read properly and skip the Mozambique/Australia covid rhetoric - I have many times stated to shut the Balama plant down - place it on care and maintenance - not because of covid restricting operations but simply because they have no market to sell to - unless of course they return to sell to China large volumes at huge losses - what is the point - continue burning hundreds of millions to learn a bit.

Bit short of time atm - get your facts right and don't presume what others have or have not.