WKT 0.00% 10.5¢ walkabout resources ltd

Ann: Quarterly Activities Report, page-1586

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  1. 5,617 Posts.
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    Hi @BullishBearish. A quick check of WKT Share Register will show it's dominated by Non Institutional M&D investors. A Register that had been relatively stable for over 5 years and a privileged position IMO. Especially considering Benchmarks Minerals No.2  Rating along with the current uptake in Graphite Demand.

    I personally believe the WKT T40 listed insto's are Accumulating by taking advantage of poorly understood Large Flake and demand in the Expandables Market. Even WKT'S CEO is now publicly mentioning a 50k Production. Up 25% on DFS No.s. and a conservative prediction as it should be. Andrew Cunningham also mention these was an 85k deficit already appearing in world graphite demand. Great time to be a producer with Lindi only one of 2 planned Graphite Mines opening in the next 2 years.

    When will the Market finally wake up to the real Lindi story. Potential production up 25% on DFS. Lindi Plant Capacity up 23% on DFS. $1.5M already spent on upgrades adding 50% spare capacity to Lindi's Screening and Grading capabilities. Graphite prices up 17-22% on DFS. 17-22% pure profit that is!!! Think about it, zero processing!

    A lot to absorb I know so as always, DYOR.
    Last edited by 96Blitz: 28/03/22
 
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