WKT 2.08% 9.8¢ walkabout resources ltd

Ann: Development Progress - Lindi Jumbo Mine, page-6722

  1. 16,349 Posts.
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    Hi R08

    Have you considered the M stands for Metric tonnes?

    Surely you don't think they can process 200 million tonnes per month? The total graphite market (Natural) total production is around 1-1.3 mil tonnes, yet you think this tiny Indian company can process 200x the total world capacity in a month.

    To substantiate my claims, BMI forecasts the total graphite market to reach 2.4 million tonnes per annum by 2025, We all know the graphite market is in oversupply and companies like SYR are only operating when demand is required (for 1 month per QTR)

    https://hotcopper.com.au/data/attachments/6367/6367495-3a78dc4adc1dcafea48b2027e13b83ae.jpg


    R08, you used to be able to come up with reasonable discussion, this is back in the world of fantasy.


 
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