WKT 4.76% 11.0¢ walkabout resources ltd

Ann: Development Progress - Lindi Jumbo Mine, page-5229

  1. 2,068 Posts.
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    You mention Croc-file that Spid is invested in the 3 struggling graphites stocks MRC, EGR and FGR. I see as as one of the reasons he’s chosen to bash up on WKT and the main reason he has chosen to compare WKT to SYR is because of the similarity between both mines TGC’s. He’s always played on the weather v fresh comparison but never understood real issues for SYR’s struggles. It has always been there highly weathered ore and the difficulties they’ve had dealing with fines. Not an issue at Lindi Jumbo due to it’s majority fresh material. The issue with fines and weathered material at SYR is that serious they’ve given guarantees in some grades but not all that >80% of the graded grade is as stated but also <20% of the troublesome fines are in the same sample. 20% is a massive concession and certainly won’t be an issue at Lindi Jumbo. It’s also proof as you’ve just reported Croc that graphite projects such as Syrah and Molo will need to adjust their processes if parameters due to dealing with majority weathered material graphite resources. Not Lindi though due to it’s majority fresh ore mine. I hope those conducting their research on Lindi Jumbo didn’t rely on Spid news and fake news.

    https://hotcopper.com.au/data/attachments/6197/6197697-da87591ad9e226ab13bf751cdbe51f6e.jpg



 
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