Ann: First Binding Offtake Agreement for Ancuabe Graphite, page-91

thats a double bottom as i read charts, so its a good test of support.

but within all that, apart from the sector, we had macro events that played right into stalling our momentum.

Positive momentum- Ancuabe DFS on our way to 12c.
Negative - WGX 8.5c fiasco.
Positive -  100% ownership secured
Negative - Need to recharge the cash tin 8c
Positive - Offtake 1
Positive pending - offtake 2, finance, NH sale/ jv, permitting, construction.

The NH sale/ JV is something relative to our MC, that has significant value add, eg, here's 25-50-100m partial /complete sale??? etc.

Thats something none of the other graphite stocks have, the potential of Syrah Mk 2, and JVs interested, / Vanadium.

The question, the credibility, the right country, who will join Syrah at the top of the producers list.

We stand on good footing because we dont compete with syrah directly in battery space, with the Ancuabe into expandable graphite market, and a JV of NH that can do all the competing with syrah it likes, and free carry us.

We arent waiting for the tanzanian government etc, or for the greenies in australia to shut us down.