WKT 3.09% 10.0¢ walkabout resources ltd

Ann: Development Progress - Lindi Jumbo Mine, page-5226

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 4,808 Posts.
    lightbulb Created with Sketch. 1439


    SYR %Product 32% above 100Mesh is brutal
    Epanko ECOGRAF EGR has a relative low grade graphite TGC 8.3%, practically no chance, it needs a window to open up that WKT is partially holding closed.

    WKT will be supplying with higher end distribution of Graphite into a market whose price has held firm.
    ECOgraf has basically turned into a patent company under attack for its broad possibly non-inventive patents. A cash reserve that is being eaten away on a ride to a one-way destination. Probably needs a couple of companies to fall-over to open up a chance of survival.



    https://hotcopper.com.au/data/attachments/6197/6197549-e476999d9c865f733621f8fb947efb71.jpg

    This is the target... seems within reach If WKT cant make it and as SPID is pointing out with the market being tricky at a the lower end.

    "The Lindi Jumbo project currently boasts one of the highest grades of larger graphite flake deposits globally and the highest reserve grade of any graphite development project in Africa, at 17.9% total graphite carbon (TGC) and 75% of its flake distribution in final concentrate planned at being above 180 μm.

    “The high reserve grade and extraordinary distribution of large flakes in final concentrate above 95% TGC makes this an exceptional project in the graphite world,” says Cunningham.
    "Other Tanzanian projects that have reached feasibility status include Epanko (EcoGraf), Nachu (Magnis Energy Technologies), Mahenge (Black Rock Mining), Chilalo (Graphex Mining), Mahenge Liandu (Armdale Capital), and Bunyu (Volt Resources). "

    https://hotcopper.com.au/data/attachments/6197/6197523-464a603e36aea983a9216ffb79bbc9ea.jpg


    If WKT cant make... which it will... but taking on SPIDS points imply no new company can make it...


    A bad time to be a graphite expert?


    Last edited by trousergecko: 25/05/24
 
watchlist Created with Sketch. Add WKT (ASX) to my watchlist
(20min delay)
Last
10.0¢
Change
0.003(3.09%)
Mkt cap ! $67.12M
Open High Low Value Volume
10.0¢ 10.0¢ 10.0¢ $16.95K 169.5K

Buyers (Bids)

No. Vol. Price($)
1 254618 10.0¢
 

Sellers (Offers)

Price($) Vol. No.
10.5¢ 61460 3
View Market Depth
Last trade - 15.50pm 07/10/2024 (20 minute delay) ?
WKT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.