Ann: Trading Halt, page-11

Directors this afternoon en route to Tanzania, believe the impact on the changes will have minimal effect on BKT, however there may be some panic on the ASX.

BKT's costs to port of US $382/t. places the company in the lowest quartile of players in the field, cost wise, and still in an enviable position notwithstanding.

Interest in Western graphite is quickly increasing if the number of articles now appearing globally are any indication.

Is is good that John de Vries and Gabriel Chiappini have made the trip and will be able to report accurately after consultation. Also encouraging that Tanzania is seeking to become more transparent etc. which can only ameliorate its global risk status in the longer term hopefully having the net effect of mining in the country to viewed by potential funders in a more favourable light.

Don.