Who cares Spid. The fact you are still claiming Lindi Jumbo only...

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SpareCash7

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15/05/24

20:11

Post #: 73844055
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Originally posted by spid81: ↑

Hi Sparecash

Thank you for quoting WKT's forecast flake size which was based on lab scale tests. We are all keen to see if WKT can replicate those results,

Here is another companies forecast flake size.

As you would be aware if they achieved the 20% of Large and Jumbo flakes, the project would have been viable, yet after 6-7 years of production, the company has yet to generate a profit. This company had up to 4mm (in situ) graphite flakes versus WKT's 0.3mm in situ it will be interesting to see if WKT's plant performs to the lab scale tests, or if they suffer the same issues as this peer.

Would you agree it is scary how lab-scale flake retention is not replicated in commercial production?

They had very similar marketing to what WKT uses today. Haven't we heard first-mover advantage, tier one and high-growth markets?

This other company also had no debt, let alone a credit card loan which is required to be paid over the next 28 months. You should also note, that this company has survived by having institutional investors who have continued to invest in the company and you would be aware WKT has nearly 100% retail investors, who have been very reluctant to support the company when required,

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Who cares Spid. The fact you are still claiming Lindi Jumbo only has 0.3mm in-situ when it’s been proven 15% of the resource is greater than 0.5mm or 500 micron proves your lack of understanding. How can one compare when they don’t even understand. Is this why all your graphite investments to this point have ended up in the toilet.

WKT Price at posting: 12.0¢ Sentiment: Hold Disclosure: Held
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