I'm unaware of any other graphite company with a 'buy-in' arrangement. How does that work? Do you mean a company will pay upfront to pre-order graphite from WKT?
Keeping in mind that an inferred JORC resource, with no feasibility study, and a company with $129,000 in cash to survive for the next 3 months might not be a safe enough bet for investors let alone end-users wanting to purchase graphite, to hand over money to WKT.
WKT Cash Situation, page-3
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Last
10.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $70.48M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.0¢ | 10.5¢ | $6.241K | 57.75K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 287933 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 1104375 | 17 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| WKT (ASX) Chart |