WKT 4.00% 12.0¢ walkabout resources ltd

"To think Lindi Jumbo can produce 1 tonne of super jumbo at a...

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    "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.


 
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