Deceptive statement Doggie...
That implies the more bags per day produced the more money WKT looses, gosh what a distortion of facts.
Each bag does cost alot in the debug ramp up stage, because the volume is low and many costs are fixed. As production rises the company will hit the Breakeven point, probably in 2-3 months, helped by the connection to grid power which has lowered the bar to the Breakeven point. After that it is all in WKT favour, post partial rampup. Once full production graphite to money conversion generously supports the business and shareholders.
Meanwhile in comparison ECOgraf is just totally nonproductive, all the German money and shareholders is being poured in coffee cups, millions of them apparently, wish I had the coffee concession next door. A huge waste of time and money, the company spin is amazing for so little achievement. For some reason SPID "expertise" hasn't helped anyone there either.
Maybe they support a few on this thread?
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- Ann: Development Progress - Lindi Jumbo Mine
Ann: Development Progress - Lindi Jumbo Mine, page-6114
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