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Ann: Development Progress - Lindi Jumbo Mine, page-4890

  1. 85 Posts.
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    Hi Spid. I have a couple more questions:
    1. You have mentioned several times having to pay a balloon loan to Jinpeng. What does "balloon loan" mean in this context? Neither of the meanings I can think of quite seem to fit the context you are using - either borrowing a plastic/silk bag of hot air or a loan where the interest is capitalised so it wouldn't affect cash flow.
    2. What do you mean to say I or other shareholders are "over invested"? In my case, I'm not buying more because my holding is enough that WKT is the proportion of my diversified portfolio that is appropriate for its risk level..
    3. You seem to have missed my earlier question asking for an explanation of how weathering rock increases the flake size. I imagine that if exposing graphite ore to weather increases the flake size, then mining in advance and leaving the stockpiles outside will increase their value. Does this occur in weeks, or does it require years/decades?
    Thank you.
 
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