WKT's enterprise value is $14.6m ($24.5m MCAP minus $10m cash).
Compare that to other lithium and cobalt companies with very little cash and it's not the worst speculative stock out there.
Tanzania is a mess, not that interested in their quickly declining rendition of tripartite democracy and even more quickly declining adherence to the Rule of Law...
But semi is quite right, the lithium, cobalt and gold could get some attention coming on. Mainly because these projects aren't in Tanzania.
WKT Price at posting:
9.1¢ Sentiment: None Disclosure: Not Held
