By now I would have expected WAK to be producing AND selling close to nameplate and should be generating nearly $1.8 - $2m in sales per month.
I see there is quite a bit of interest in finer grades of kaolin and additional development is needed to reach that quality, HOWEVER, why isn't Andrew directing his sales team to sell what they are making now? There is an old adage in retail sales that says "Sell what's in stock".
You come looking for K99F or K99C, nice but we have K99 on sale at the moment, how much would you like?
I'm happy to hold on to the shares but need to see some improvement in sales revenue and production. This is where the CEO should be spending his time. Unfortunately, I don't think we're seeing this from the current management. I think it's time that Andrew lifts his game or moves on.
WAK Price at posting:
14.0¢ Sentiment: Hold Disclosure: Held
