"To think Lindi Jumbo can produce 1 tonne of super jumbo at a cost of US$400/t for it to processed to expandable graphite and onsold for AU$50,000 is quite the margin.
Wrong Sparecash, the price for expanded graphite is not that much more than flake graphite, you might see a US$1000 premium over the price of selling standard flake graphite.
The $50k per tonne price is for graphite foil, This is another value add process which requires significant investment. considering WKT cannot even build a graphite mine on time, I have little hope they could successfully move into the downstream processing.
But I am glad you can see WKT is trying to hype up the downstream processing, this indicates the current margins of the project are uneconomical.
I hope for your sake if we see a PFS or a DFS released on down stream processing you sell your holding to bank a profit.
Ann: Development Progress - Lindi Jumbo Mine, page-3991
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Mkt cap ! $80.55M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.0¢ | 11.5¢ | $8.799K | 73.88K |
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| 9 | 394553 | 11.5¢ |
Sellers (Offers)
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| 12.0¢ | 18345 | 2 |
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| Last trade - 12.54pm 06/06/2024 (20 minute delay) ? |
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11.5¢ |
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| 12.0¢ | 12.0¢ | 11.5¢ | 60575 | ||
| Last updated 12.54pm 06/06/2024 ? | |||||
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