Understanding your investment is KEY.
WKT does not need an offtake agreement for its battery grade material as it has NO SUBSTANTIAL REAL VALUE today or for some time to come.
WKT via WOGEN will just sell this straight into the spot market without too much of a care - until WKT perhaps decides to eventually downstream process this or partner up in the future.
Some basic maths for you IF a graphite company can make a profit on their battery grade - (yet to find 1 in the battery space that can make a profit.)
10,000 TPA x $100 profit / tonne = $1M USD
10,000 TPA x $200 profit / tonne = $2M USD
10,000 TPA x $500 profit / tonne = $5M USD
The potential value / profit for WKTs 10K TPA as you will see does not amount to much even with a $900 sale price. BUT the other 30K TPA of the premium expandable larger flakes is significant.
However for WKT its OPEX cost will always be under its Sale Price = No CASH BURN.
Understanding your investment is KEY. WKT does not need an...
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Last
13.0¢ |
Change
0.005(4.00%) |
Mkt cap ! $87.26M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 13.5¢ | 12.5¢ | $149.1K | 1.165M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 81219 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 398672 | 7 |
View Market Depth
| Last trade - 16.10pm 02/05/2024 (20 minute delay) ? |
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Last
13.0¢ |
Change
0.005 ( 8.33 %) |
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| Open | High | Low | Volume | ||
| 12.5¢ | 13.5¢ | 12.5¢ | 109479 | ||
| Last updated 15.59pm 02/05/2024 ? | |||||
| WKT (ASX) Chart |