Agree Farmer,
Another question investors would need to know is the companies cash balance and if it has secured the US$4mil from the Tanzania bank, or if they have secured a short term loan from shareholders.
Mikes last two tweets are not a good read,They are running some shifts at 100% capacity, yet other shifts are required to be solely for maintenance, this seems excessive when the plant is brand new, will this only be required during commissioning or an ongoing scenario?
The second tweet showing WKT stockpiling ore at the ROM port, then reloading the material into the side access point, also seems to be double handling the ore, again is this only required during commissioning or in the evenings, is the crushing circuit to small to provide the 48 hours of production required?
Last comment, its interesting that the soft surface minerialisation is causing issues with the plant, they have stated they need the fresh mineralisaiton to get the material to work in the pebble mill. This might explain why they are seeing little to no jumbos at the back end when they are already trying to use fresh mineralisation.
Lindi Large Flake might be the best WKT can achieve with a few Jumbo's being produced every now and then.
- Forums
- ASX - By Stock
- Ann: Development Progress - Lindi Jumbo Mine
Agree Farmer,Another question investors would need to know is...
-
- There are more pages in this discussion • 1,802 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WKT (ASX) to my watchlist
(20min delay)
|
|||||
Last
9.9¢ |
Change
-0.001(1.00%) |
Mkt cap ! $66.45M |
Open | High | Low | Value | Volume |
10.0¢ | 10.0¢ | 9.9¢ | $39.97K | 400.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 130000 | 9.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.5¢ | 233006 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 130000 | 0.099 |
1 | 50000 | 0.098 |
3 | 146832 | 0.097 |
6 | 478512 | 0.096 |
8 | 784895 | 0.095 |
Price($) | Vol. | No. |
---|---|---|
0.105 | 121174 | 4 |
0.110 | 1191213 | 6 |
0.115 | 338198 | 4 |
0.120 | 427177 | 3 |
0.125 | 139085 | 2 |
Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
Featured News
WKT (ASX) Chart |