Hi Mercury,
you assumptions are all based on the success of WKT selective mining of the same host material.
WKT is likely to have issues with controlling the feed grade to the production facility where the average TGC could be similar to WKT
2018 updated JORC 10.8% TGC.
View attachment 3513413
https://www.asx.com.au/asxpdf/20181219/pdf/441c1cnppvnt6m.pdf
Based on the average TGC from the 2018 JORC's and Lindi's small production facility, WKT annual production could be significantly lower than the forecast 40ktpa, which will increase the OPEX, WKT may not even achieve the % of large flake graphite from its Fresh Mineralisation.
Before we see how this all unfolds, WKT needs to secure the EPC contract from Jinpeng. If you read Croc's post, he advises Andrew response about the delay on signing the EPC contract "
His answer was they are looking at even further possible savings from different contractors enquiries to increase savings." It appears there have been further cost blow outs where WKT is needing to look for additional savings. IMO this is very obvious when WKT has already re-tendered the logistics, camp and power contracts.
