WAK 9.09% 5.0¢ wa kaolin limited

In April WAK announced an agreement to supply to a Vietnamese...

  1. 615 Posts.
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    In April WAK announced an agreement to supply to a Vietnamese buyer for a significant volume over three years. In their presentation in October 2021 they stated

    A Taiwanese distributor has executed a 10-
    year distribution agreement with a 6 year
    offtake agreement. The target offtake of 432kt
    of kaolin in the six years.

    I would like to know why we are not supplying to meet these agreements and at least generating some cashflow.\
    Does the fact that we are unable to supply mean these contracts are in jeopardy?

    I am very disillusioned with the delays and lack of progress to date.
 
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Last
5.0¢
Change
-0.005(9.09%)
Mkt cap ! $21.18M
Open High Low Value Volume
5.3¢ 5.3¢ 5.0¢ $15.13K 292.2K

Buyers (Bids)

No. Vol. Price($)
2 48491 5.0¢
 

Sellers (Offers)

Price($) Vol. No.
5.3¢ 64829 2
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Last trade - 15.47pm 03/05/2024 (20 minute delay) ?
Last
5.2¢
  Change
-0.005 ( 3.70 %)
Open High Low Volume
5.3¢ 5.3¢ 5.0¢ 70720
Last updated 13.41pm 03/05/2024 ?
WAK (ASX) Chart
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