Ann: Quarterly Activities Report, page-77

Hi Sparecash,

This is what I love about your posting, You claimed earlier "Lindi Jumbo’s planned DFS recovery rate was 87% has been achieved " You then provided a Tweet from Mike showing recovery was 89% which was above expectation for this stage of commissioning,

Yet failed to acknoledge the DFS forecast recovery was 90-95%



https://wkt.com.au/wpfd_file/updated-dfs-confirms-standout-graphite-project/

Getting back to my point, If the plant is unable to achieve the 90-95% recovery as per the DFS when the plant is running at less than 5% output, would you agree the recovery is likely to reduce when the throughput is increased.

BTW, WKT hasn't achieved any of its DFS forecast to date, judging by the poor flake retention, it is unlikely they will ever achieve the ratio or large and Jumbos as the DFS forecast. As you stated the purity is dire at only 90-95% when the DFS forecast 97%, WHat did Croc always say, to increase the purity you need to grind it down, we all know 94-95% puirty is the standard requirement.

Anyway, all of these failures and WKT hasn't got to the point of processing 100% fresh mineralisation, The good news is the puirty will increase, but the flake size will reduce when this is processed.

WKT is hitting the same drama's as GPX had when they completed their bulk processing and having a more difficult time than SYR was seeing.