Exactly Stirer
You all claim WKT will be profitable, yet you own CEO's presentation detailed how difficult it is to commission and turn a graphite mine into a profitable operation.
$4.1 mil in cash, high interest loans, no sales (to date) purity, flake size and recoveries are all down, can WKT resolve these issues or will they be the next unsuccessful graphite mine to enter a oversupplied graphite market.
Yes no one mentioned these comments from the marketing presentation, its not until 2025 they expect the supply to increase, although with the preference for synthetic over natural graphite I can see this blowing out.
anyway would you prefer WKT to raise funds now, or wait for the effulent to hit the fan and raise at much lower prices?
Ann: Development Progress - Lindi Jumbo Mine, page-5182
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