WAK 2.00% 5.1¢ wa kaolin limited

Ann: WAK - Wickepin Plant Commissioning Progresses, page-12

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  1. 4,242 Posts.
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    I was right, the Announcement had a historical add-on that had not been updated. I spoke to Andrew Sorensen, and he confirmed my suspicion. On my suggestion that Stage 1 would be at 200MTA production at the end of CY23, he suggested a bit sooner, but in the latter half of CY23.

    As I suggested, invent a low monthly tonnage applicable today, and poke 200,000 tonnes divided by 12 for December, then guesstimate tonnage on a monthly basis. That is at least a start. In coming months, WAK may confirm it is going to start on Stage 2 circa December, and have it augmenting the 200,000 MTA (Stage 1). My guess is that Management will hold back on mentioning a Stage 3 when it gets a fix on the rail connection. Andrew agreed that the Minister's stated 2025 is more likely 2026, but WAK will simply see what happens, and react as seems mete.

    What I would like to know is the tonnage over time, and the EBT (earnings before tax) of those tonnes.
 
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