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It’s a shame you won’t use the figures written in the official...

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Stirer

4,194 Posts.

1315

06/09/24

06:21

Post #: 75552392
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Originally posted by spid81: ↑

You two are getting desperate.

50 bags per day x 30 days @US$900 average per bag doesnt even cover the OPEX of the plant.

considering WKT so called premium product is selling in China for US$921 per tonne, less Wogan's fees.
Then you have bank interest on US$24mil @20% interest, directors fees, corporate, ect. You can soon see WKTs forecasts a much like their pervious, optimistic and it will never be achieved.

Its amazing you guys dont even understand the prices WKT quoted in the announcements are significantly lower than the DFS,

@sirrobbo have you thought Gemcorp has said no to more funds being available, and the injection of the minimum US$2mil will be needed very soon.

I cannot see the Tanzania banks signing off on the loan facilities until those samples are validated, one also has to wonder why they need these loans when Wogan is apparently paying WKT on loading of the ship. Could this be a sign Wogan is also going to walk away?

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It’s a shame you won’t use the figures written in the official announcement instead of your own interpretations.
The company has stated 50 bags a day is breaking even. You are the one sounding desperate

Last edited by Stirer: 06/09/24

WKT Price at posting: 10.0¢ Sentiment: Buy Disclosure: Held
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