Ann: Appendix 3B, page-7

I did not realise these options were for Sheffield which hence now got me interested and more intrigued on likelihood of seeing binding offtakes and financing. And yes got to give pc credit that some superb negotiation for the 20% stake Sheffield held given past shanigans with B.B. and grafex. Makes me glad bought some more options yesterday but i hold only small amount of options as whilst very bullish and seems to me everything heading in right direction the share price still being where it is keeps me cautioned that perhaps a few big hurdles ton has to straddle to get binding offtakes and finance. Big one for me is samples from pilot plant passing muster as biggest short term hurdle.