Ann: Quarterly Appendix 5B Cash Flow Report, page-19

I’ll go one further @Carbon2. Rather than talking about perceived generic risks within the industry and therefore becoming guilty by associated. Let’s try to be project specific before tagging Lindi. If someone has a legitimate point to make then support your claims. I see very little risk in Lindi’s simplistic approach to mining its large flake graphite. The commissioning stockpiles of varying size ore indicate how easy it will be to liberate Lindi’s graphite. Lab testing has proven heavy floatation is basically all that’s required. The plant design supports this approach. Lindi’s ore will spend more time in the floatation cell than any other part of the plant. Sure commissioning and fine tuning the plant will have it’s own set of issues, but nothing a small amount of time and minimal effort won’t fix.