Hi spid81 can you please give us another example of which Graphite project reached DFS forecasting in under four months…Lindi plant was never expected to reach nameplate capacity week one or even within the first six months…But it did manage debt funding where interim finance was available and remains available if required…(Bridging loans options have also proven to be a great success)
The reality is most peer projects have stalled even though we read announcements such as engineers on standby…Construction is imminent…
The interesting development is validation…By the end of August the project is expecting to be cashflow neutral and
heading towards greater success from higher throughputs and availability of the plant capacity being dialled in and reached…At three trucks a day would be achieving US$120,000 per day. Approximately US$800,000 per week. But what about the value of the fourth truck loaded ready for export…
Mines operate 7 seven days a week and as spid81 has already pointed out on many occasions the plant is not operating at capacity and night shift only appears to be a partial shift as rampup and minor modifications have occurred this far in…Looking forward to more double time tweets and Jenping continued on ground involvement (30 plus years experience paying off)
- Forums
- ASX - By Stock
- Ann: Development Progress - Lindi Jumbo Mine
Hi spid81 can you please give us another example of which...
-
- There are more pages in this discussion • 361 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
10.5¢ |
Change
0.005(5.00%) |
Mkt cap ! $70.48M |
Open | High | Low | Value | Volume |
10.0¢ | 10.5¢ | 9.9¢ | $47.97K | 474.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 170000 | 10.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.5¢ | 200813 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 170000 | 0.100 |
2 | 181135 | 0.099 |
2 | 82174 | 0.098 |
1 | 6701 | 0.097 |
3 | 385876 | 0.096 |
Price($) | Vol. | No. |
---|---|---|
0.105 | 176930 | 3 |
0.110 | 163578 | 5 |
0.115 | 160300 | 3 |
0.120 | 299902 | 6 |
0.125 | 355166 | 6 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
Featured News
WKT (ASX) Chart |
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online