WKT 6.06% 10.5¢ walkabout resources ltd

Hi Stirerit all depends on when WKT dialed back the throughput...

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    Hi Stirer

    it all depends on when WKT dialed back the throughput to ~50%

    Mike stated they had achieved 30 tph (75%) in june and expected to achieve 45 tonnes. sirrobbo even mentioned the plant had hit 52 tonnes per hour.

    the question you should be asking, if the production at these rates were producing in spec graphite, why did they need to dial back the production rate?

    Everyone knows you only go backwards if things are not performing well, for all we know that one day that produced 75% of the planned production could have been all fines or lower purity graphite. Neither of these will achieve the higher prices WKT needs.

    BTW, the lower throughput might also explain why we haven't seen those tweets on mining, drilling and blasting.

    Will mike answer my question tomorrow about the graphite areiving in Europe, his tweets do follow the conversations on HC.

    He has now confirmed the plant can operate for 48 hours, but the throughput (nameplate capacity) is only at 50% not 100% they forecast would be achieved in mid May.

    how does WKT continue to get these forecasts so wrong?
 
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