Ann: Quarterly Activities Report, page-1066

spid are you able to substantiate how you calculated WKT'S current NPV???????? Just because someone thinks gold will be 5 times higher in 5 years time, doesn't mean that companies NPV is now 5 times higher. You need to use valid information when calculating a company's NVP!

Why are you choosing to use data that's over 5 years old when calculating WKT'S current NVP? Why have you chosen to use the possibility that Chinese mines 'might' reopen and that currently 15% higher graphite prices 'might' go down when calculating WKT'S current NVP?

Today spid you quoted this ***The current graphite prices for +50 and + 32 mesh are significantly lower than WKT's DFS forecast, which will result in the basket price being around US$220 per tonne.*** This quote astounds me and make ne wonder what numbers you could possibly be using to quote WKT'S NVP.

Have you also bothered to factor in WKT'S many other significantly advanced projects when calculating your NVP. This is a quick fix spid, put up or shut up. Calculations Please! More than happy for everyone to run an eye across your analysis. As always, DYOR.