Thank you Croc for confirming you were using outdated information.
WKT has updated its DFS twice since the Feb 2017 study.
Feb 2017 DFS plant = 300,000tpa CAPEX of US$38.7mil
The updated 2019 DFS uses a smaller plant with a CAPEX of $US27.8Mil
I can certainly see why WKT tried to raise US$40mil from Pareto, Management must know the US$27.8mil is no where close to enough funds to develop the project
Ann: Lindi Jumbo Graphite Project Funding Update, page-1934
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