Hi Sunrock, I think there are a few factors which is determining our current SP. I think the 2 main words are doubt and risk. Brokers and Instos probably look at Syrah and think we may have similar poor outcomes and doubt we can be profitable. They also may think the sovereign risk is too great to invest, especially on the back of the CRDB fiasco.
Even now we have the debt funding, I just think WKT will have to prove itself to the market its that simple.
The people saying the debt deal is terrible have no idea of reality, the reality is we have debt funding, we can support debt funding and are the only graphite mine in the world to get debt funding (outside China).
Anyone comparing WKT to Syrah or any other graphite mine does not understand the difference of what we have. Its a very unique resource.
I believe we will soon have our day in the Sun imo
Hi Sunrock, I think there are a few factors which is determining...
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Last
10.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $67.12M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.0¢ | 9.8¢ | $25.33K | 255.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 75500 | 9.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.0¢ | 321161 | 3 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| WKT (ASX) Chart |