Ann: Update on Epanko Graphite Project and Pilot Plant Strategy, page-32

Hi Tony, re "So does that mean KNL graphite is not unique? ". Don't tell me you fell for that elsewhere, supa dupa unique graphite. Anyway, if you get a chance have a chat with @cartex, given the nature of graphite pretty much everyone can claim their graphite is unique as there are slight difference.

I also suspect if your graphite is too unique then probably nobody will want to use it in their process as it wouldn't be easily replaceable in the event that your mine never eventuates (say because of huge capital cost/risk) or some similiar event that causes loss of supply. So probably better to have high quality graphite that can be qualified.

Haven't been following other companies too closely, hopefully Cartex can update us on how many other of the graphite hopefuls have achieved qualification from off take partners. I suspect it's not many.