HI Sparecash,
At 49% production of fines, this is the minority.
WKT claimed "commissioning priorities were on throughput & purity"
I have already proven the plant was operating at under 5% of its capacity and the purity WKT has achieved is below the DFS forecast of 97%
The question you should be asking from your management is, if the coarse flake is now the majority, what is the purity they are achieving, is this only 90% TGC or has this dropped lower, we know thanks the announcement, that even with overprocessing they didn't achieve rates of purity above 95%.
It's the details that management doesn't tell you that you should be concerned about, the lack of information you are being provided speaks volumes,
You might soon work out why the SP is sitting at 10.5 cents and it looks like it's going to fall further.
Lets hope the minimum US$2mil cash injection Gemcorp requires isn't a capital raising,
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