Hi Sparecash,
It could be a case, WKT has offered a larger discount to these customers to secure sales. It would be a sign the bank accounts are almost dry and that they are becoming desperate to generate sales.
The graphite market is in over supply and we have seen the impact of this with WKT offering the Chinese a 50% discount from the DFS forecasts.
Why are the Jumbo's priced to sell?
And have we heard if any of WKT other clients have validated the commercial supply, or do you think this is why Mike mentioned the price adjustment?
Ann: Development Progress - Lindi Jumbo Mine, page-7708
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