Hi Croc it makes a bit of a mocker of the September announcements that these were expected to arrive on site in October 2023. Now we hear they didn't leave until November and Mike expects us to believe there was a 4-month delay with Dar es Salaam.
Anyway, Here we are 6 months later with the generators finally arriving. To be fair to WKT, if the generators arrived any earlier, they wouldn't have been required as the company still hasn't completed the processing facilities.
Looking forward to seeing how this plant performs, I am forecasting the loss of jumbos when the company starts processing the fresh mineralisation. It's not long now until we see how fluffy the DFS was. forecasts of 7-9 months of construction, which has not hit around 2.3 years. How accurate will the other assumptions be when the graphite prices are ~30% lower?
Hi Croc it makes a bit of a mocker of the September...
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| Last trade - 15.09pm 24/05/2024 (20 minute delay) ? |
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