WKT 6.06% 10.5¢ walkabout resources ltd

Ann: Lindi Jumbo gears up for first graphite concentrate export, page-737

  1. 16,244 Posts.
    lightbulb Created with Sketch. 6923
    HI SBDavis

    The graphite recovery is close to the DFS levels. reducing the throughput would have more of an impact on production than an increase in grade or improved recovery,

    You can see how desperate these shareholders are to pull the wool over investors' eyes by dialing back the production facilities.
    It confirms the plant is not performing as well as expected, or it would have continued the ramp-up.

    You all should be asking why it required to be dialed back, was there a loss in flake size, purity, recovery, or all of the above?
    The other question you should be asking, we had Mike confirm the other day the plant was running at around 75% of its capacity, what has the plant be dialed back to. These guys all think a slight increase in the TGC grade is going to offset any reduction of throughput, but this sounds like more BS than fact.


    Anyway, we know how leaky WKT is. if things were going well, the SP would reflect the positive results, you only need to look back at these guys posts over the years, they thought the SP would be 75 cents by now. Yep, they are full of BS trying to suck in anyone who is silly enough to believe them.






 
watchlist Created with Sketch. Add WKT (ASX) to my watchlist
(20min delay)
Last
10.5¢
Change
0.006(6.06%)
Mkt cap ! $67.12M
Open High Low Value Volume
10.0¢ 10.5¢ 10.0¢ $2.132K 20.36K

Buyers (Bids)

No. Vol. Price($)
4 63033 10.0¢
 

Sellers (Offers)

Price($) Vol. No.
10.5¢ 80766 1
View Market Depth
Last trade - 11.52am 28/08/2024 (20 minute delay) ?
WKT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.