Ann: Outstanding intersections from Epanko assays, page-7

Andrew's comments are best read in full, methinks!!

“These results are significant for a number of reasons. They not only surpass all previous results at Epanko in
quality terms but surpass many of the results being reported from other graphite projects globally. In addition,
the mineralisation remains open so there is still value yet to be unlocked. Lastly and very notably, these results
display the same key attributes of previous, in terms of large flake size and should rival the +99.9% purity
results announced on 7 July 2014. The company is looking forward to delivering its resource upgrade in the
near future and subsequently releasing the Epanko Scoping Study”.
Kibaran remains the only company globally with a binding offtake agreement and sales partner for graphite
sales outside of China and is now looking to expand this to include a direct relationship with a major end user.