Ann: MRC notice to increase interest in Munglinup Project to 90%, page-8

Hi Norway,

I do not doubt that Gold Terrace will sell the shares once they are issued, As you know they are aligned with the former CEO MVC.

$780k worth of shares won't take long to cycle through once MRC returns to profitability and starts to move forward with its downstream processing.

Do you think Munglinup will be developed with a JV partnerer looking at securing certainty with graphite supply, or will it be likely to be funding with Export Finance Australia?