Ann: Lindi Jumbo produces 94 bags of graphite in single day, page-103

Hi Sparecash,

I can see why you didn't add SYR's specification, It would have shown their purity is 94-98% which is significantly higher than the low purity WKT is selling.

You continue to show you don't understand the graphite market, European prices are CIF, which means WKT needs to pay freight and insurance to the end users in Europe, WKT doesn't see the full price as you are claiming, They need to pay Wogan its commission, Insurance and the freight to Europe.

Chinese sales are FOB, Free on board, The Chinese pay for the freight from Tanzania, WKT will receive most of the US$921 after they Wogan its commission and marketing.

But you all seem to think WKT is going to be flushed with cash, I cannot wait to read the QTR report when you realise the accounts are dry and shareholders are going to have to chip in more money to keep the lemon operating.