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Ann: Quarterly Activities Report, page-122

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Tk2006

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02/08/24

13:58

Post #: 75045540
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Originally posted by spid81: ↑

@semi retired

Morning Semi, Its good to see you are still about and welcome back @Croc-file

Getting back to my point on loss of purity, here is another companies original grades on purity

Source
As you can see they were achieving TGC grades of 98.7% for their super jumbo graphite and 99.3% TGC for Jumbos

Yet when they completed a proper bulk sampling the results weren't so impressive.

Source
Did you notice how the Super Jumbo purity dropped from 98.3% down to 90.3% purity and the Jumbos were 99.3% which dropped to 88.6% TGC.

The Mass Distribution didn't change that much, but it shows that they needed to signifciantly lower the purity of the graphite to achieve the desired flake size.

As you all know, the company that funded the DFS then pulled out from funding the project and the project was later sold to new investors.

What is alarming with WKT's results, they are still to reach their DFS purity even with the company stating they had overprocessed the graphite.
Then we see WKT QTR report announce they had increased the flake size, yet the puirty had dropped further but there was no explaination as to why the grades were down as low as 90%

This is the scenario I was trying to explain yesterday before you all twisted reality.

Considering WKT has made no disclosre on the ratio of Coarse flakes (Large-Jumbo graphite) its hard to tell if WKT has produced any jumbo flakes, or if these are the flake sizes that are seeing the lowest purity 90%.

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You seem to be talking to yourself these days mate?

WKT Price at posting: 10.5¢ Sentiment: Hold Disclosure: Held
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