Robbo24 you continually refer to previous projects as proof of failure. Why is it that the prudent decision not to try to mine the copper and coal due to copper prices and lack of close transport for the coal, failure? WKT have held onto there potential assets waiting for circumstances beyond their control to change in their favor. The decision to put these projects on hold is no different to any company with any number projects that are considered and then mothballed due to sound reason at the time. Some never see the light of day again while others a revisited when circumstances change and are deemed viable. Are these then also all failures?
I believe that the Graphite now at hand is in fact the first truly immediately viable resource WKT have found.
Can they get it out of the ground? We all have our opinions about that.
As always time will tell.
Ann: Lindi Graphite - Project Update-WKT.AX, page-57
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