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4.6¢ wa kaolin limited

Exactly. So far sales are an embarrassment! Bulk sales seem a...

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Bugwan64

758 Posts.

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01/11/23

21:16

Post #: 70676759
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Originally posted by Pioupiou: ↑

Low-cost kaolin is fine for low-cost sanitaryware, but the top-end Japanese sanitaryware made by the likes of TOTO cost a fortune, and would not be made from low-cost kaolin. See https://justbathroomware.com.au/blogs/news/what-is-a-japanese-toilet-and-are-they-worth-investing-in.

Selling high-grade kaolin ore to be processed in Asia would be sold at a low price per tonne, but after beneficiation abroad, the kaolin would not be low grade. I would like to see WAK Announce information on bulk-ore exports before I wax lyrical about the potential of it. WAK's ore is substantially half kaolin and half silica sand. The blends used to make sanitaryware and similar products is 20% kaolin and 20% silica sand. The remaining 60% of the blend is typically ball clay and feldspar. Asia imports silica sand from WA, as well as kaolin, so the potential to sell a kaolin-silica specification makes sense to me.

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Exactly. So far sales are an embarrassment! Bulk sales seem a long way off so plenty of time before you wax.

Hope they don't run out of $!

WAK Price at posting: 12.5¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 4.6¢		Change 0.000(0.00%)		Mkt cap ! $21.06M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
2	112600	4.7¢

Sellers (Offers)

Price($)	Vol.	No.
5.0¢	60364	1

View Market Depth

No.	Vol.	Price($)
2	112600	0.047
1	12000	0.046
3	211170	0.045
1	23255	0.043
2	255947	0.042

Price($)	Vol.	No.
0.050	60364	1
0.053	64829	2
0.055	100000	1
0.058	50000	1
0.060	16391	1

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