Hi Sparecash,
You assume in 4 months time WKT will be producing an inspec product at the nameplate production, What companies forecast and what happens in reality is two different things.
Wow that is a bold call, WKT will be selling concentrate for 3 x times the cost of production, where do you dream up these figures?
WKT will be producing less graphite than the DFS forecast, the price of graphite is significantly lower, but your pumping doesn't take into any consideration the impact of either of these.
Anyway, While you are busy dreaming up stories, think about this for a minute, The T40 claimed they are well connected with management, where they called a 249D meeting, this action was successful with the resolution being withdrawn after the appointment of their director to the board, We have heard reports from these same posters about numerous things management have stated over the years, Yet now that WKT has started producing concentrate, we don't have any inside leaks telling anyone how great the concentrate is.
If you look at the trading, it doesn't take a genius to work out, that things are not going well where the SP is in decline and the volume being traded is less than $200.00. Yet here you are popping champagne and claiming the company is going to be cash flow positive from day one.
You only need to read the companies announcements and check out the dire amount of cash WKT has on hand. I wonder if we will hear soon that Gemcorp's next credit card loan has been drawn on, or if this option fails, what discount shareholders will be offered.
Looking forward to hearing back from
@semi retired about his discussion with his lawyers about the similarities between WKT's claims vs MNS.
