Oh yes all those lies, can you please name one?
We all know the project is behind schedule, sparecash confirmed zero sales locked in and the current graphite prices are well down from the DFS modelling,
for IRR to give WKT a free cash margin of the $25 mil AUD, needed to boost the graphite price by 20% above currently pricing. I am sure you have worked out that is ~$12mil of the $25 mil.
this doesnt take into consideration Wogen's commission or debt repayments for the US$20-25 mil debt, or any loss in basket value.
i understand many of you are now trapped in your investment where you now need to call me names and call me a liar.
Ann: Development Progress - Lindi Jumbo Mine, page-1863
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