Let's break this down into simple numbers so you don't get confused.
If the plant is operating at 300kt/y feed rate with a TGC content of 15%+ and forecast recovery is 86.2% this equals = 38.7k tpa @Croc-file wrong again but you keep trying to push those false numbers.
How did you conclude that WKT will be producing at a rate of 40ktpa in 4 months (produce 10kt of graphite per QTR), when Mike clearly stated it is going to take an additional 5 months to achieve the forecast recovery of 86.2%? (tweet below)
Notice how Mike states production levels (not out put or saleable graphite), this means that the plant will be operating at the rate of 300kt/y after 4 months but the output will be producing very little graphite during this period, it will take WKT another 5 months (9 months in total) to get the recovery levels to 86.2%. to achieve the DFS levels of recoveries and the annual production rate of 40kt/y of graphite.
How is WKT going to fund this massive hole in their funding?
I know you won't understand Mike's tweets and my simplified version explanation, you are so over-invested that you are unable to accept you have it wrong again. It's going to take WKT a significant amount of time to get the plant operating at the 300kt/y rate and WKT expects it to take 9 months to achieve the DFS recovery, Just so you know, SYR is yet to hit their DFS forecast recovery levels of graphite after 5 years of mining, don't be surprised in 9 months time if WKT hits the same issues they have had.
No doubt in 4-5 months we can come back to these posts, where you will then move the goalposts again and not accept responsibility for misleading investors, I can see you saying something along the lines, "but WKT is now ramping up its recovery and we have x customers now wanting to buy our fine flake" or "its not WKT fault that the shipping has impacted the time lines" or "its not WKT fault that they ran out of money and needed to complete another Priced to Sell capital raising".
It would be really nice to get Mike to open a HC account to correct your misleading BS, we have already seen once that he was required to tweet out information to correct the BS spin from the WKT pumpers, Yet we he hasn't tweeted once to correct any statements the non holders have made, we did get the entertaining post about hot air, but look what happened to BMCG, they left the building and the SP continues to decline.
WKT Price at posting:
11.5¢ Sentiment: None Disclosure: Not Held
(20min delay)