Ann: Quarterly Activities and Cashflow Report, page-39

I think you are spot on with your assessment croc.

I certainly feel for many of the WKT mum and dad investors, that is why I have been trying to correct many misleading posts over on their thread.

It is great to have investors like Mitsubishi (previously colonial first/CBA) as our largest shareholder, builds confidence when they took part in our recent capital raising.

After spending more time researching the graphite market, confirming managements plans to jointly develop both projects and seeing the Australian government supporting Pibrara minerals project I can certainly see why they took part in the offer.