Ann: Share Purchase Plan, page-72

Pretty hard to reply with figures when even management aren't sure with reasonable accuracy. Nasa is 100% people have no idea about vein. There is no defined or body. To determine the jorc will not be practical and ridiculously expensive because the width could change through its course. Think of it as a labryth. Hence to get reasonable accuracy a drill needs to be done in very short intervels litteral hundreds od drills for one vein. This differs to the the traditional ore body. So a jorc will not be done but the test was for continuity. Now we wait to see whether investigations correlate with the production which doubles as as an exploration. If this correlates mrf will fly in anticipation that the company is reasonably accurate. Does this make sense. This is why both bora bora and mrf are floundering as vein graphite is a new frontier. The priduct is the best without question but how accurate are the predictors of quantities. This is the quandry hence difficult for offtakes etc. Cant determine set rates of production. Generally will be sold as product is extracted. This will be different to the traditional graphite players who have ifftakes even though they are 2 yrs from turning soil.