In a market where graphite producers are facing challenges to find markets for their products, having 'small orders' is not the benefit you make it out to be. I would much prefer to have a production off-take agreement in place for the life of loan, even at a lower basket price, to reduce the risk. IMHO, a major reason why WKT is not appreciating in value as many would expect, is due to the high degree of uncertainty on whether Lindi Jumbo will be able to sell all the graphite they produce.
Ann: Development Progress - Lindi Jumbo Mine, page-927
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Last
11.0¢ |
Change
0.005(4.76%) |
Mkt cap ! $73.83M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.0¢ | 11.0¢ | $11.01K | 100.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 527550 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 262627 | 8 |
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| Last trade - 10.31am 23/07/2024 (20 minute delay) ? |
| WKT (ASX) Chart |