Ann: Quarterly Activities Report-MNS.AX, page-14

Please enlighten me Trommel. Western offtakes have been bandied around for a long time. Every time the question is asked, it causes a bit of anger. All I read here is finance is around the corner and Western offtakes are coming. Why? Because Frank said so.
Please, enlighten me with some facts.
Have I read the announcements, why yes, how about the one dated just over a year ago

• US$150M Debt Finance, binding term sheet, signed with SINOMA to develop the Nachu Graphite Project
  
  Anyone who still believes this is delirious
  
  Or how about this one from 6 months ago
  
  • POSCO E&C mandated to procure senior debt and deliver a fixed price lump sum for project construction
    
    How's that going, again, please enlighten me
    
    Oh, that's right, Frank said. Well how about a factual announcement outlining some form of progress on this front. Speccie stocks who are about to go under will tell you things are looking rosy.