Thank you for pointing out the issues of Mike's tweets, He claimed WKT has 17k tonnes at 19.02% yet WKT has only been processing 13-14% TGC, One has to wonder how he got the numbers so wrong,
Do you think it is the variability of the deposit, or that the lab is not completing enough samples to determine an accurate grade or the tweet from Mike was misrepresenting the grade?
I did ask yesterday if Mike should be marketing WKT with his ~5% shareholder in the company. or if you could name any of the other WKT driectors who are spending so much time marketing WKT. Yet no one was able to answer this question.
BTW, i don't think you understood Farmers logic on WKT's recovery, WKT's plant is reported to be operating below 30% capacity, its is unclear if the DFS recovery being achieved is due to longer processing times, or if the plant with this limited feed is still opearting at its normal rate. having more time for floatation, grinding and polishing, would enable a higher TGC recovery, although we are not seeing the puirty being achieved for all runs. WKT has detailed they are only achieving 92%.
One last point, can you point to any other graphite company that has lost is recovery of coarse flakes, where they were able to achieve their DFS recovery at a later stage? I cannot name any.
WKT Price at posting:
11.3¢ Sentiment: None Disclosure: Not Held
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