Ann: Lindi Jumbo gears up for first graphite concentrate export, page-389

@HongKongPhooey

If you read the announcement attached to this thread you will see the following on page 4

"When running at nameplate capacity, monthly costs of the mine are expected to be approximately US$1.4-1.5m."

You also need to consider WKT's corporate costs, director's fees, and interest payable to Gemcorp as these are all additional that are not related to operating the mine. You can probably see why GGtrader isn't willing to discuss WKT finances, the testing period, the likelihood of WKT securing its US$4mil line of credit or what issues Jinpeng is facing for the mine to still be under commissioning when it was expected to be completed weeks ago.

BTW, With WKT having all of these known costs, how long will Gemcorps remaining US$3mil last?