WKT 1.03% 9.6¢ walkabout resources ltd

Ann: Development Progress - Lindi Jumbo Mine, page-2313

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  1. 16,554 Posts.
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    Hi J-Board

    The white lines that have been added to the chart are my forecast based on the current trend.

    https://hotcopper.com.au/data/attachments/5895/5895996-f5861f9a2a470fdfa167df339ab180ae.jpg


    I keep on saying if BMCG wasn't trying to control the SP to help exit at the highest possible price WKT would most likely have a Share Price much lower than where it is now.

    Keep an eye out on other graphite companies' QTR reports to see if the graphite prices have increased if they are back in production and more importantly their current stockpiles of graphite, it is going to be a very hard time for WKT to jump into a oversupplied graphite market and compete with companies who have no debt and large stockpiles of graphite that they can sell.

    you must be asking yourself, why is WKT saving a few dollars on interest instead of advancing the mining pit as forecast in the IIR report?


 
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