Their (CRL) idea of shallow is 40 METERS of over burden.
WKT is blessed with the Lindi Jumbo deposit sitting at surface.
Even the video of their NED was unconvincing when he said the word "shallow" in his commentary.
Looking forward to their Flake Size Distribution as the grades do look good.
High Grades are the first step.
Flake size distribution is the next step to identify if your in the low priced Battery Market or the Premium $$$ Expandable Market.
The 40M of overburden to remove before you reach the Graphite Deposit is a turn off as going to be more expensive when in WA compared to Africa.
Again WKT does not have overburden costs to contend with as its all at surface and instant digging in the Graphite Deposit. : ))
Potential Upside of WKT - Expandable Graphite, page-168
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Last
11.5¢ |
Change
0.003(2.22%) |
Mkt cap ! $77.19M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.5¢ | 11.0¢ | $46.82K | 422.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 632255 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 328492 | 6 |
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| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| WKT (ASX) Chart |