Blinkers comment unnecessary.The $400 number is not a result of...

Blinkers comment unnecessary.

The $400 number is not a result of my day with the company in Auckland but rather from a research report recently published on LMB. The number will be a ball park figure I would guess but is hardly the critical element in the overall picture. LMB graphite is in a soft rock (unlike Focus for example which is in granite) and is easily liberated....see the company's website for pictures confirming this.

With respect to the flake size, there is a quote in the presentation document which I referred to. And I quote "McIntosh Flake Graphite...All large to coarse flake". When I asked in reaction to this statement what the typical flake size was at Geumam I was told the range was from coarse to jumbo. Thus my comment. Just repeating what I was told and of coarse I have no way of knowing either way.

I have made my points. I have answered your 'concerns' and I won't be going backwards and forwards playing mind games. It's up to you to use the information or otherwise. I don't care either way Mahony