Hi Sirrobbo.
Thank you for finding the source,
Here is the extract from the QTR report.
Current pricing for orders is at market prices. Of note, European prices represent a significant premium to
quoted Chinese prices.
At realised basket prices of $900-$1300/t of concentrate, the operational ‘break-even’ point for Lindi Jumbo
is to achieve between ~1,000t - 1,500t of concentrate production per month. We expect to reach that level
of production in Q3. With the extended grace period for the senior debt facility to 31 December 2024, the
debt servicing break-even level of production is between ~1,300 & 2,000t per month.
The QTR report does indicate WKT's pricing is well below Mike's presentation claim, Make sure you keep all of these documents for any future action against the company.
BTW, what happened to you substantiating your claims about hundreds of trucks leaving the site each month, Even with WKT's bullish forecast, they are unlikely to hit those levels even with any expansion of capacity. Keep up the fake news. Desperate times calls for desperate measures.
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- Ann: Development Progress - Lindi Jumbo Mine
Ann: Development Progress - Lindi Jumbo Mine, page-6962
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