Ann: Proposed issue of securities - WKT, page-217

Hi Albite,

Here you go again, BKT built its pilot plant to validate the recoveries of its graphite. There are many ways you can prove the lab scale tests can be achieved on a commercial scale, Yet you want metallurgical test results based on a commercial trial to be provided to you that don't exist, How can you sit there and say WKT's proprietary process can be successfully scaled?

If it fails to live up to the expectations or the process doesn't work, what are shareholders to do? Another highly dilutive capital raising just to pay out Gemcorp then spend years trying to resolve what could have been discovered while processing the graphite in a pilot facility?

It sounds more like a ~US$30mil experiment to me, but you seem to be away with the fairies thinking everything is going to work as the lab scale tests showed.