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02/08/24
08:22
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Originally posted by Croc-file
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Hi semi it's a ridiculous comparison, Lindi has high grades from the surface and only requires a quarter of throughputs...The GPX back end of the project requires a TSF several times larger than the WKT. 95% of the material processed at GPX would go to tailings. Lindi is quite clearly a superior resource and premier mining licence area. (Small efficient and highly profitable once dialled in) GPX has a limited seven-year life of mine and ends at a depth of around 100 mt in year seven. You may ask why its funding has been cancelled, it's very obvious and has nothing to do with bulk sample testing. It is highly unlikely to ever be mined Imo. Grades are poor and quoting beyond US$6000 per ton of super jumbo product was heavily discounted and unfounded...
The BS flows however the WKT project remains on track with promising results nearing or bettering DFS expectations. Two plus trucks per day are already being achieved while running @5% capacity according to Spid....Do the maths...
With the transition to silicon anodes Lindi project is underpinned by premium products suitable for niche expansion and coatings markets...Good luck to those embracing verticle integration reliant on graphite anodes...You're dreaming and being sold a pup imo...
Patience rewards the educated... Beware of the makers and games played...
Regards Croc
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Hi croc, good to see you back. There is a lot of BS being spread here by a pretty desperate individual who tries to drown all the good news with fake repetive negative BS 20+ times a day.
We need more honest posters like you to set the record straight.