Ann: Development Progress - Lindi Jumbo Mine, page-5503

Hi Sirrobbo,

Just because the sorting machine can sort the contined graphite to achieve 80%+ of the given flake size, this doesn't mean WKT is achieving the ratio of +32 or +50 mesh the DFS forecast. As you know, WKT forecasted that it would produce 49% as +32 and +50 mesh sizes. Yet WKT isn't willing to put out an announcement to confirm they have achieved these results. by the sounds of Mike's tweets it is going to take along time unitl the plant can hit these levels.

SYR has been successfully producing +50 mesh for years, the issues is the perecentage of coarse flake they can prdouce at this size is 50% lower than forecasted. you should know SYR did produce +30-40% coarse flake when they first started processing graphite, once they started mining at depth, the coarse flakes reduced down to only 14-20% significantly impacting their revenues and profitability.

What you also failto mention, WKT hasn't started processing that denser fresh mineralisation or you could have mentioned the 3 tonne shipment WKT sent to China in Jan, Have you called WKT head office to ask why they started processing the fresh mineralisation, then stopped and restarted mining to find more of the soft surface mineralisation?

Anyway, you can tell the plant is not performing well, the SP is in decline due to no interest from investors. Sparecash is pumping SYR's specifications and you making false assumptions due being over invested in this stock. You probably should have left all your funds in that other company its only down 36% over the past 5 years vs WKT down 60%