Latest Presentation -Exceptional, page-23

As nice as it would be to see our name in flashing lights I think HXG Management has done all they can at this current stage in getting the story out there. They have presented their story at appropriate graphite seminars and I think the video presentations have been excellent and nicely measured without being over the top. We have an "end of cycle" market which is reluctant to price in earnings that don't exist. Lamboo Resources was able to push up the share price to nearly $1 five years ago but that was a far more accommodating market for hype now, earnings later. Furthermore, there is no broking firm that produces HXG research. Accordingly, Investment Advisers can not take this story to clients. It literally is against the law. Current buying is word of mouth only.

Management need to focus on the immediate tasks ahead. A lot of us have waited a looooong time for this to fly. But it's worth remembering we are potentially on the last lap here (of waiting). We are close to where the rubber will finally hit the road. The commercialisation path has been laid. It's not a wish list, it actually exists. And with a major producer no less with a successful JV track record. Result of the feasibility study is not far away and hopefully with it the decision to mine. When the time comes, assuming a positive outcome, the selling will dry up and buyers will be forced to chase the stock up. Further down the track the stock will get some research coverage then we'll see a brand new group of first time investors. At that time I suspect the only regret some of us might have is not acting on current prices.

Christchurch - "We are one".