WKT 0.00% 10.0¢ walkabout resources ltd

Ann: Quarterly Activities Report, page-445

  1. 16,181 Posts.
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    Hi Croc,

    You are wrong (again)

    The other graphite company completed a detailed assessment on Vanadium, where they reported Vanadium ends up in the tailings dam during floatation. it doesn't need to be ground down as you claim, They produce 94-95% TGC graphite. To achieve battery grade, they treat this with acid or thermal purification - i.e no more grinding required.

    WKT - Commenced a study into recovering the Vanadium - Which was never completed or provided to shareholders.
    WKT is yet to provide a detailed specification that details the impurities that are contained in its flake graphite which is expected to have a TGC of 94-95% = 5-6% of contained impurities.

    BTW, you need to look at the existing graphite producers, You will notice all of these have spare capacity to produce additional graphite concentrate by operating more hours, yet none of these companies need to as there isn't enough demand to warrant them increasing their capacity.
    You should also check out their basket prices, which all are lower than the prices reported in benchmark Minerals and other companies' prices, these companies are currently seeing a 20% less than the reported figures.
 
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