Tweet, page-3743

Good Morning Croc,

It is great to see you are back researching, although you failed to understand the announcement.

The image you provided showing a bulk sample was from another Tanzania Graphite company, they didn't conduct the bulk sample to comply with JORC, they completed the 200t sample through; "a commercial scale graphite plant to produce final processing parameters and provide credible production scale samples for assessment by key offtake partners."

Just to make it very clear, the other company you mentioned, conducted a bulk sample on the surface mineralisation as it makes up 62% of the company mineralisation. their JORC is based on only 25% of the western strike.

WKT's 605m of excavation was only to define the orebody, none of this material was conducted to produce final processing parameters or to provide credible production samples.
WKT has conducted 3 Bulk samples all under 2 tonnes on the weathered/oxide mineralisation, only 2 of these test results have been made available in ASX announcements, What is more worrying, only 3% of WKT"s JORC is Weathered/oxide yet they have designed their production facility based on this material.

The composite samples WKT has tested, show significant variation between the FRESH material.

Keeping this on topic, What happened to WKT closing funding within a month?
Is it safe to assume the Nordic bond market doesn't believe Lindi is a Strong Mining project, with its high strip ratio, narrow vein graphite project, selective mining?