WKT 0.00% 9.5¢ walkabout resources ltd

Ann: Lindi Jumbo gears up for first graphite concentrate export, page-739

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  1. 16,634 Posts.
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    Croc

    Why are you misleading investors?

    Mike doesn't mention any increase in grade, he advises the plant has more "availability" which is hours of operation.

    Mike has previously stated the plant has be able to operate continuously for several shifts (24 hours) yet hasn't been able to hit the 48 hours of continuous operation.

    When you consider Mikes other points of breakages, modifications and replacements, you should be asking why the new plant is seeing all of these issues after 4 months of operation.

    What parts keep breaking and how often do these need to be replaced?

    Is the cheap CAPEX coming back to bite WKT by failing to live upto its expectations and isnt able to run continuously as planned?

    Considering WKT stated several weeks were needed for the formal hand over, 3 months have passed and the plant is still under the control of the EPC contractors and the plant throughput needs to be dialed back. It sounds like there are some major bottle necks.
 
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