When?, page-37

We aren't the whole graphite sector.
We are aren't anything like others anywhere

We have some of the best graphite tenements in the world. Ten years... no funding or Government approvals yet and no word on why or when .....but great tenements and we should have a mine one day amongst the best in the world with a small environmental footprint and huge potential additional reserves if we ever wanted to massively expand

We have the best HF processing plant design and a plant that should be approved soon ( we all hope) which should put us years ahead of our competition

We have a block of land reserved next to Northvolt ...the first operational gigafactory in Europe with massive growth plans but we still have nothing but innuendo and guesswork on the connection to our second potential plant there

We also have had discussions but no details of other potential plant locations in Germany in the US etc

We have a recycling process and deal with POSCO but absolutely no details since an announcement what seemed years ago

We have a JV with FYI who is in huge with Alcoa

We have a whole bunch of additional new divisions with huge potential additional value creation potential but no details

We have a US OTCQX listing, great but only 4 people in the US know who we are

We have an idea to hive off our nickel tenements into a new company but no details

oh... and we have 50m in the bank and Government funding approvals

etc etc etc

So no, we are not like other graphite companies as none comes even close in potential and no, we shouldn't by any comparison have a MC as low as ours.

And that is squarely on Spinks and our BOD. Their job? To add maximum Shareholder value.... and based on our potential alone we should be over $4 not $2 ( sorry Uni) ....but where is our share price? In the 30c range again .....

Why because they can't seem to communicate what we are sitting on..... jeez ... Now take 50m off our Market Cap .... as we have that as cash at bank so despite all the potential near term potential NPV and vast additional potential ( who knows how far off) ......now look at our pathetic market cap ..... that's how well our story has been told

And that is not only bad for all retail holders but also our Instos who are also not ...buying into the potential as they too don't seem to be being properly loved and nurtured either

And another reason we aren't like so many other graphite companies...they sell themselves to the market so much better with so much less

No we are definitely not like other graphite companies, sadly in some ways