Ann: Development Progress - Lindi Jumbo Mine, page-1514

Good Morning Stirer, I tend to agree, this is the type of research report you would expect for an exploration company (penny dreadful)

Did you notice when WKT last released the IIR they called a CR 5-6 weeks later?

Anyway, it is always good to see a true valuation based on the current graphite prices of US$1100 per tonne. giving the Lindi Jumbo a valuation of 21 cents per share.

@Gammat, you are finally starting to work it out.
The valuation of 36 cents is based on the current graphite prices, you need to take away the 14 cents for the possible expansion and the 3 cents for the additional properties, We know they have been a complete failure.

One has to wonder why WKT put out this type of hype based research report, maybe there is another CR on the cards, or they are trying to distract the faithful on why the plant still isn't finished and all the drama's you are likely to see when the company finishes commissioning.