Welcome aboard
@crustymagyver@Bolesta13 and others.
Recommend going back to the posts on HC when WKT was awarded the Mining Licence (30 Aug 2018) and reading up to gain a much bigger picture of what WKT has to offer.
Great to see everyone enjoying the rising SP and MC.
Cheap today when you understand its potential in the coming years and when we expand production beyond 40K TPA.
Once you understand the DFS and the basket prices and why our products command the premium prices you will understand how significant the future profits and revenues will be for every 40K TPA.
@Croc-fileThe battery market is the lowest product pricing of the fractions.
For every 40K TPA of concentrate WKT produces we can only supply 10,500 Tonnes of battery grade.
The quantity is relatively very small in comparison to SYR.
Will be interesting to see what comes from Japan in the way of BOA for perhaps superior battery applications.
All comes down to the flake size distribution and WKT has 74% suited for the premium expandable market and only 26% suited for the lowest priced battery market. (that's why its a mistake to compare WKT to SYR)
Keep in mind for the total amount of concentrate WKT is able to produce what the battery grade fraction quantities will look like if we produce :
40K TPA = 10,500 TPA battery grade
80K TPA = 21,000 TPA
battery grade120K TPA = 31,500 TPA
battery grade160K TPA = 42,000 TPA
battery grade200K TPA = 52,500 TPA battery grade
The EV sector is going to require millions of tons of battery grade graphite so with WKTs ability to produce battery grade they are still relatively very small numbers when compared to SYR and the massive ramp up scale that is occurring now for the EV battery sector.
Even though WKT is predominately in the premium expandable market, we should still be watching the EV market with close interest as the EV market demand will push up all Graphite prices. We are at the bottom of the margin curve today and more and more battery plants are opening across the world.
It has also been speculated that due to EV demand in the very near future that higher fractions could be ground down deliberately to keep up with demand. This will in turn push up pricing for the battery grades and all the other fractions. WIN WIN : )
Then our 10.5% cutoff grades that we are stockpiling become more valuable in the next 5 years.
Exciting Times ahead. : ))
(20min delay)