interesting comment by Mike, and with the section about sales...

interesting comment by Mike, and with the section about sales from the annual report

In recent months, the Company has been very active with Wogen Pacific Limited engaging with end customersto prepare for firm sales orders once production commences. These activities have included visits by Companyrepresentatives to potential end customers in USA, Asia and Europe. Extensive product testing has also beenundertaken by potential customers who have found Lindi Jumbo graphite suitable for all major uses of coarseand fine flake graphite. Feedback from customers in the premium graphite products market has been that thesamples were among the best samples they had ever received for use in their line of high-end graphiteproducts. Lindi Jumbo and Wogen expect to begin to receive trial orders shortly for delivery as soon as productbecomes available. Lindi Jumbo’s marketing focus remains on end customers who willingly pay a premium fora premium product. With market activities to date, Lindi Jumbo is confident in selling its fines product at marketrates and its larger (Large and Jumbo) product at premium prices.

It is looking likely WKT is getting a lot of interest. Interesting that company representatives have visited USA ,Asia and Europe to meet possible end users. China having a shortage of large flake and the rest of the world looking to diversify supply chains Lindi Jumbo is one of few that can fill this void.

This is looking promising from Mikes comments Lindi may have to upgrade the plant capacity to accommodate all these interested parties. WKT has advised of minimal expenditure to increase production to 60Kt per annum. Something that could easily be done while paying off the loan to Gemcorp or a local bank as a replacement financing option