i can see why you didn't post Mikes Tweet,
No where does he claim anything about Fresh Minerialisation. Why do you continue to misrepresent WKT's Chariman
Mike confirms "sufficient for the first few months of commissioning & ramp-up"
This confirms the claims we have made about the project being behind schedule and that wet commissioning isn't advancing as you guys claim.
You only need to look at the mining plan from the IIR report. WKT was expecting to have 20kt of graphite ore every month ready at the processing facility, now this isn't required for a few months. a few months is 3 months. I can see why the charts shows a death cross is coming, Mike appears to have confirmed mining isn't going to start until March/April, which means there isn't going to be any revenue anytime soon and the mine is a long way away from being completed.
Mike does have valid point, if there is a major failure at the processing plant, there is no point having a stockpile of graphite ore waiting at the ROM for future processing, they will need to pay credit card rates on the stockpile.
Anyway, It appears the 19kt stockpile is also sitting at the starter pit, and the area looks waterlogged, it might also explain why we haven't seen the top soil removed from the rest of the start pit and the all-important grade control drilling comments.
WKT - Not there Yet and doesn't seem to be flushed with Cash as others try to claim. It sounds more like WKT has very little funds to speed up progress
Saving a few dollars on interest, where have we heard that one before? wasn't from the WKT pump crew who claimed the directors advised this was the reason why WKT hasn't drawn down on CRBD funding.
@Farmdownsouth and my forecast for the first export of concentrate is looking good for August.
- Forums
- ASX - By Stock
- WKT
- Ann: Development Progress - Lindi Jumbo Mine
Ann: Development Progress - Lindi Jumbo Mine, page-2249
-
- There are more pages in this discussion • 5,406 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WKT (ASX) to my watchlist
(20min delay)
|
|||||
Last
11.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $73.83M |
Open | High | Low | Value | Volume |
11.0¢ | 11.5¢ | 11.0¢ | $42.42K | 385.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 126500 | 10.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.0¢ | 96871 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 126500 | 0.105 |
6 | 279516 | 0.100 |
1 | 50000 | 0.098 |
1 | 56330 | 0.096 |
6 | 127686 | 0.095 |
Price($) | Vol. | No. |
---|---|---|
0.110 | 96871 | 2 |
0.115 | 383359 | 8 |
0.120 | 109905 | 3 |
0.125 | 265260 | 5 |
0.130 | 202938 | 5 |
Last trade - 15.42pm 26/09/2024 (20 minute delay) ? |
Featured News
WKT (ASX) Chart |