Ann: Testwork Confirms Premium Graphite Product at Bunyu North, page-16

Mr Croc,
I am getting used to that name "Bruce Almighty!", it has a nice ring to it! Pity my wife thinks that "Goose Almighty!" is more appropriate!

I have never queried your 20,000 TPA economics, but you keep asking the same question over and over again in this forum? I don't have the answer that you seek as I have no jolly idea! But I have suggested that could always ring Trevor!

I did make a comment on your silly concerns about Tesla's poor production rates and cash burn. Not sure how that effects VRC is any way, shape or form. There are 50 other EV manufacturers out there and hundreds of other companies using Graphite, so much so that the demand for Graphite will be enormous in the future.

Glad you hope that "I" make it, but I'd prefer for VRC to make it big time and we can all share the wealth! But you are very correct VRC needs much more "de-risking" before it moves out of the "very high spec" zone. Better grades, more drilling results, a successful conversion of the options, more off-take agreements, better feasibility study outcomes and a successful capital raising of $30m, will all help to de-risk the company in 2018 and improve market confidence.

And for those reasons I am not purchasing any more shares in VRC until after the conversion of the options, a clearer picture emerges of VRC's future and the risks are reduced.

Bruce Almighty!