Ann: Walkabout Welcomes Cornerstone Investor, page-69

Hi Naveen ,
WKT is worth multiples more than VRC's market cap of $20 million , WKT's DFS shows a highly profitable ongoing business almost 80% funded and now a cornerstone partner that actually engineers , manufactures , installs the plant and equipment , they are commissioning vital long lead time equipment now to the value of up to $8 million ready to bolt together on site , WKT is light years ahead of the pack to be the first Jumbo flake graphite producer in Tanzania , when the market catches on? can't be far away? or when the containers arrive at the site ?

VRC's miraculous recovery is founded on fluff , for a start VRC will need plant and equipment at least 4 x the size and cost of WKT's $30 million to produce 20,000 tons , @ 4.9 % TGC v 16 -23% for WKT good luck making a profit on that low grade. , VRC have done a PFS on 178,000 tones now in revision to 15-20,000 tons , a major back flip .
VRC also sits at the second lowest flake size among its piers in the basket price stakes , that means they need a mine size capacity of 180,000 tons plus of graphite to make a profit not up to 20,000 tons , why all the promoting who ha and still no PFS ? I suspect the PFS is delayed while miraculously the share price rises and trigger the options ,,,, then the PFS bomb will hit.., just my humble opinion .