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Ann: Development Progress - Lindi Jumbo Mine, page-5504

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sirrobbo

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31/05/24

16:50

Post #: 74108304
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Originally posted by spid81 ↑

Hi Sirrobbo,

Just because the sorting machine can sort the contined graphite to achieve 80%+ of the given flake size, this doesn't mean WKT is achieving the ratio of +32 or +50 mesh the DFS forecast. As you know, WKT forecasted that it would produce 49% as +32 and +50 mesh sizes. Yet WKT isn't willing to put out an announcement to confirm they have achieved these results. by the sounds of Mike's tweets it is going to take along time unitl the plant can hit these levels.

SYR has been successfully producing +50 mesh for years, the issues is the perecentage of coarse flake they can prdouce at this size is 50% lower than forecasted. you should know SYR did produce +30-40% coarse flake when they first started processing graphite, once they started mining at depth, the coarse flakes reduced down to only 14-20% significantly impacting their revenues and profitability.

What you also failto mention, WKT hasn't started processing that denser fresh mineralisation or you could have mentioned the 3 tonne shipment WKT sent to China in Jan, Have you called WKT head office to ask why they started processing the fresh mineralisation, then stopped and restarted mining to find more of the soft surface mineralisation?

Anyway, you can tell the plant is not performing well, the SP is in decline due to no interest from investors. Sparecash is pumping SYR's specifications and you making false assumptions due being over invested in this stock. You probably should have left all your funds in that other company its only down 36% over the past 5 years vs WKT down 60%

Expand

Well I guess that explains why your financial blogger score is the worst I have ever seen, you make stock purchases based on hypotheticals, assumptions that are just wrong and things you have just plain made up.

Look at your rank, man that's abhorrent!
https://www.tipranks.com/experts/bloggers/spid81

I can see why you have lost so much money over at MRC now.

I will wait for the actual facts to become apparent and make a financial decision based on that. That's what sensible people do.

Last edited by sirrobbo: 31/05/24

WKT Price at posting: 12.0¢ Sentiment: Buy Disclosure: Held
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Ann: Development Progress - Lindi Jumbo Mine, page-5504

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Ann: Development Progress - Lindi Jumbo Mine, page-5504

Top Stories

Capital raisings wrap: Brainchip, Ovanti, Lake and VHM

Tissue Repairs soars nearly 32% on TGA approval for wound healing gel

Nine's staff strike as Paris Olympic coverage begins

Monadelphous inks $200M contract with Woodside to help build Pluto LNG – but will it make Scarborough cheaper?

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ASX Market Open: ASX200 to rise for Friday session | July 26

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Nova locks in NASDAQ US market listing at a value of only US$3.3M as ASX gets quieter and quieter

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