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Ann: Development Progress - Lindi Jumbo Mine, page-4107

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Stifler1

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16/04/24

19:47

Post #: 73374782
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Originally posted by spid81: ↑

Hi Stifler,

Jinpeng only needs to achieve 2 days where the throughput is 840t per day, they don't need to worry about what comes out the other end, that is why WKT intends for it to take 4 months to play around with the processing facility to achieve the DFS forecasts production results and recovery.

In other words, once BMCG runs the plant for 2 days and graphite of any specification comes out the back end, they get paid their balloon payments, it is then WKT's job to increase the purity and recovery and retain the flake size.

one question you should be asking your management, does Jinpeng need to run ore from the first crusher, or can they add additional graphite ore at the fine ore bin to achieve the 840t per day?
BTW, was it WKT or Jinpeng who decided WKT needed to restart mining to provide a suitable feed for the plant?

Anyway, you only need to see how successful the DFS forecasts have been for the existing producers. Can anyone name any profitable graphite mine?

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you need to stop dripping, so you think they will get the plant up and running then run away? I think they will work together to achieve the right tons. Because there might be other processing plants on cards in the future.
if you look outside the circle.

WKT Price at posting: 11.5¢ Sentiment: Buy Disclosure: Held
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