Ann: Pre-Feasibility Study Completed, page-221

Graphite101 very good comments:

PFS de-risk, tick...(Opportunities for project improvement and de-risking to be continuously reviewed for further investigation and optimisation)

I did mention the low strip ratio in my previous comments, big, big saving, tick.

The low cost infrastructure, tick.

DFS will target additional high quality large flake size graphite from Namangale South, tick.

3 mous with China....to be converted to off-takes, this will be big and according to implementation schedule: within next 3 qtrs, tick. (this is SHs strength) not forgetting Europe and the US with Lew...

So, proper Management in place, with vision, mission and values, tick. (Trevor is a great call), not to mention all the others, very impressive....tick.

Everything has gone to schedule with these guys....tick! If the off takes are on schedule....look out!

I do have quite a few million shares, and very happy so far. Not at all concerned with SP, more to buy today!