Hi Blitz,
I would have thought you would have known WKT's strip ratio.
For Lindi it's 4.4 tonnes of waste for 1 tonne of graphite ore. Other companies you like to discuss have strip ratios of 0.4 waste for each tonne of graphite ore.
This is why I am surprised WKT's mining costs are forecast to be 50% cheaper than the other company when it needs to move 50% less material to produce 1 tonne of graphite ore.
Anyway, I am surprised you haven't used WKT's suspension to review your investment, If WKT cannot even get its SBLC correct when the rampers around here claim to have a finance expert on the board or build the mine within the 7-9 months forecast, I have little hope it will be able to achieve its innovative mining methods - selective mining of the same host mineralisation. As you would be aware, if this is unsuccessful, the average TGC grade is more likely to be 10-12% rather than the forecast 17.9%.
I can see this ending in tears for many LTH,
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Last
12.5¢ |
Change
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Mkt cap ! $83.90M |
Open | High | Low | Value | Volume |
12.5¢ | 12.8¢ | 12.5¢ | $13.64K | 109.0K |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 428675 | 12.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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13.0¢ | 380136 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 428675 | 0.125 |
8 | 266224 | 0.120 |
5 | 199652 | 0.115 |
12 | 538690 | 0.110 |
8 | 325214 | 0.105 |
Price($) | Vol. | No. |
---|---|---|
0.130 | 380136 | 7 |
0.135 | 711912 | 10 |
0.140 | 357000 | 4 |
0.145 | 159000 | 3 |
0.150 | 247139 | 5 |
Last trade - 14.54pm 22/05/2024 (20 minute delay) ? |
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Last
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Change
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Open | High | Low | Volume | ||
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Last updated 14.02pm 22/05/2024 ? |
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