How does this have anything to do with the current graphite prices, the fact that the market is oversupplied and other graphite mines have gone into Care and maintenance as advised by Fastmarkets? It isn't a great time for the graphite market.
Regarding MNS updated BFS, MNS isn't going to be mining next year like WKT expects it will be. MNS doesn't have a Credit Card interest rate to repay while the graphite prices have fallen, but WKT will.
You know full well the larger graphite prices have fallen, @spacecash has provided market research which showed the forecast graphite prices are lower than the WKT DFS, We also know the current graphite prices are well below the DFS forecast.
Based on the current flake prices WKT's basket price is likely to be down by around $300 per tonne.
But keep the BS coming, you seem to be great at selling fairy tales. 75 cents fully funded. Yet the SP is 12 cents.
WKT Price at posting:
12.0¢ Sentiment: None Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.