Ann: Managing Director's AGM Presentation, page-3

The number one Australian (chemical) graphite company, and the only one to own.

These guys are the real deal, they understand the diverse chemistry of the product, and the global range of technologies that use different elements of the product. This is not a one trick pony, it's about excellent technical management and the in-depth knowledge of product diversification and (creating real) value in a burgeoning global market. They clearly are executing on a well defined plan.

They will have many (high quality) products to market, fetching premiums across the board.

They are using excellent geologists. They are using only the best science companies in the USA and Europe to chemical test the ores, for breakdown into appropriate (multiple) product suites, targeting and suited to specific market demands.

And it's promoted as "Australian made".

For a small team, they have done exceptionally good work over the past 6 months, and are to be complimented on this phase. The work continues, and each new result seems to further prove up the product at McIntosh.

HXG will enjoy further price rises in the future, having bumped itself up from 9c to around 16c recently. There will always be dips and quiet periods, which is when I buy more.

For the moment though, this is making excellent progress.

Gw