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Ann: Development Progress - Lindi Jumbo Mine, page-1641

  1. 16,164 Posts.
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    Hi Croc

    Yes I understand why you are spamming the thread with irrelevant information.

    The IIR report details that WKT was expecting to commence mining in January, yet they are yet to start the grade control drilling or commence mining,

    https://hotcopper.com.au/data/attachments/5861/5861946-1bee565418e1e9e6da94a0462548764b.jpg

    If you read the table, it shows WKT was expecting to mine 70k tonnes in January, which includes only ~10k tonnes of graphite ore, the commissioning announcement details the full 19k tonnes can be exhausted within 30 days, As you can understand there appears to be a significant shortfall of graphite ore available for the production facilities.

    Its pretty concerning that the report was released on the 20th of December, yet Tuesdays announcement details these works have been delayed.


    Is there a cash flow problem for these works to be delayed or is commissioning that far behind schedule that it won't be needed for a few more months?

 
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