Whilst today's results were encouraging, and probably excellent, starting with a 95.86% concerntrate,
The average purity was not mentioned and there was no mention of yield.
The Company, in their wisdom, correctly, I believe, has elected to await spherical results using their more recently obtained 99% TGC concerntrate, as this will, they believe, exceed today's results and have the potential to lift BKT graphite to another class.
I guess a yield of close to or exceeding 70% would be very favourably regarded. Little doubt outstanding purity will be obtained, especially in the light of today's results.
Yield is the question however and it will be yield the moves the SP, significantly if the results are good in my opinion.
Don.
BKT Price at posting:
15.5¢ Sentiment: Buy Disclosure: Held
