I just watched Mikes interview again and the last questions about getting to being cash positive was interesting. Mike says they expect to be cash positive fairly quickly given the great profit margins.
They are expecting to be at nameplate capacity over the next few months and improved recoveries by the end of the year.
They have proven that customers want their products (Mikes words) and they are achieving close to the DFS basket prices from Europe.
They also have $5m usd of undrawn funds from Gemcorp and have begun shipments through Wogen giving them access to their working capital 80% payments upfront.
Anyone who thinks a credit raise is coming is just scaremongering
- Forums
- ASX - By Stock
- WKT
- Ann: First graphite concentrate shipment from Lindi Jumbo mine
Ann: First graphite concentrate shipment from Lindi Jumbo mine, page-200
-
- There are more pages in this discussion • 55 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WKT (ASX) to my watchlist
|
|||||
Last
11.5¢ |
Change
0.003(2.22%) |
Mkt cap ! $77.19M |
Open | High | Low | Value | Volume |
11.0¢ | 11.5¢ | 11.0¢ | $46.82K | 422.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 632255 | 11.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.5¢ | 328492 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 632105 | 0.110 |
4 | 449856 | 0.105 |
13 | 619114 | 0.100 |
2 | 120000 | 0.099 |
2 | 130001 | 0.098 |
Price($) | Vol. | No. |
---|---|---|
0.115 | 314992 | 5 |
0.120 | 670697 | 12 |
0.125 | 1520665 | 17 |
0.130 | 337943 | 6 |
0.135 | 458027 | 6 |
Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
Featured News
WKT (ASX) Chart |