The market isn’t in oversupply of large flake qualified for expandables Farmer. How good is WKT’s premium product if they are achieving 2019 DFS pricing. You need to stop reading Spid news. He still can’t determine the difference between DSR and PSD or recovery v’s purity. How many times did we have to listen to his commentary on purity and yours alone as well. Still none of red flags either of you flagged. Mike has made it know storage onsite is minimal and requires constant truck movement now ramp up is occurring. The picture below shows multiple bag’s across multiple grades stacked in the same place Spid news was about to make his ‘special’ thread on Lindi Jumbo’s flake retention. That bubble burst before it even got off the ground. HaHa. Can you read Farmer. In Mikes tweet he’s telling you that WKT has warehouses at both ports, so no rain issues there. Warehouses aren’t required at the moment Farmer because the end users that labelled Lindi Jumbo’s premium product the best they’ve ever tested simply can’t get enough of it. As an end user, why use second rate materials that could harm the reputation of products your business is based on. Premium materials make premium products and therefore demand premium prices. WKT has always known this and that’s why the ramp up to full production has always been strategically designed in order to meet this objective. Now that Lindi’s graphite is receiving 2019 DFS pricing in this current climate, the success of the planned commissioning phase is there for all to see.
WKT Price at posting:
10.5¢ Sentiment: Buy Disclosure: Held
(20min delay)