WKT 4.00% 9.6¢ walkabout resources ltd

Ann: Quarterly Activities Report, page-66

  1. 16,314 Posts.
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    Hi Sparecash

    Stop using tweets as your source, Didnt we have a tweet confirming all the development ore was processed, yet the announcements yesterday confirmed 11k tonnes was still sitting in the starter pit.

    You are also avoiding the recovery of graphite. If you calculate WKTs annual production rate, each tonne of graphite would have more than 5 minutes in the floatation cells, yet the recovery is 87% not the 95%>

    then we have the elephant in the room, low purity and low flake size, It is the same problem GPX had when they completed a bulk sample, to achieve their super jumbo the purity was 80%.

    Anyway, you can tell you guys dont believe the BS you sell, if you did you would be snapping up all the shares after the announcement, yet the volume was insignificant. A few posters also appear to hit survival mode. Its becoming very desperate these posts and they are not willing to see the issues WKT has. No funds, no jumbos and poor purity/recovery.

    I can see why the directors are not buying at these levels.


 
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