Once funding is announced, WKT will be in production in approx 12 months and have CASH coming in.
7-9 months for construction2-3 months for commissioning and ramping up production. (producing concentrate in the process)Working capital facility available once product leaves the shipping port.
3 months processing time per 10K Ton of Concentrate (min) based on 40K TPA
GRADE is KING - Much rather be mining 17.9% TGC with 10% cut off. *****
SPOILER ALERT - WKT will be mining the much higher grades to begin with : ))
WKT is not like other mining companies and Graphite (expandable market) is not like most other commodities.
The 40K TPA is a reduced SELF IMPOSED START UP capacity to reduce the Capex to ensure funding to become operational and then grow into known markets.
Oops they already have clear line of site to already increasing the capacity next year and our Global Partner, WOGEN, has only just been tasked to deliver more Binding Offtake Agreements ; )
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