No they couldn't relate to a hundred other companies. Because they are relative to graphite.
Standard Mining is the easy part...straight forward, however the "selective" mining that WkT proposes adds some additional complexity to the process.
Processing the ore is the difficult area and the great unknown. Processing makes or breaks the whole endeavour.
Again, look at SYR in similar hard rock geology. Their large flake numbers are poor and way off their forecasts and they have done a lot of work over time trying to improve those numbers.
Graphite is different to other minerals......claims of flake size, flake density, profitability etc etc are all unknown until you start processing the ore. WKT fresh ore has not been bulk tested.
IMO .....Blasting and crushing will destroy a significant quantity of large flake and all those rubbery numbers will bounce right out of the window.
The continual claims by some posters on here, year after year, of riches and great wealth to come are shameful, bogus and need to be countered. IMO.
- Forums
- ASX - By Stock
- WKT
- Ann: Lindi Jumbo Graphite Project Funding Update
Ann: Lindi Jumbo Graphite Project Funding Update, page-592
- There are more pages in this discussion • 1,412 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
(20min delay)
|
|||||
Last
12.5¢ |
Change
-0.005(3.85%) |
Mkt cap ! $83.90M |
Open | High | Low | Value | Volume |
13.0¢ | 13.0¢ | 12.5¢ | $15.79K | 124.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 92100 | 12.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.5¢ | 123402 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 92100 | 0.120 |
5 | 200216 | 0.115 |
6 | 274018 | 0.110 |
7 | 319976 | 0.105 |
8 | 327922 | 0.100 |
Price($) | Vol. | No. |
---|---|---|
0.125 | 123402 | 2 |
0.130 | 176347 | 5 |
0.135 | 360959 | 6 |
0.140 | 319924 | 3 |
0.145 | 108000 | 2 |
Last trade - 14.20pm 07/05/2024 (20 minute delay) ? |
|
|||||
Last
12.5¢ |
  |
Change
-0.005 ( 3.85 %) |
|||
Open | High | Low | Volume | ||
12.5¢ | 12.5¢ | 12.5¢ | 46307 | ||
Last updated 13.36pm 07/05/2024 ? |
Featured News
WKT (ASX) Chart |
The Watchlist
HAR
HARANGA RESOURCES LIMITED.
Peter Batten, MD
Peter Batten
MD
Previous Video
Next Video
SPONSORED BY The Market Online