At the completion of WKT’s last 4c quarterly available company funds totalled AU$28.293mil from existing agreements including company funds. This does not include the US$10mil available from BMCG’s secondary standby facility. A great position to be in as Lindi enters its initial commissioning phase followed closely by production. WKT could not be in a better position with China’s graphite ban taking place and none of its planned 40ktpa priced at this point. How much will end users be willing to pay in order to lock in guaranteed supply over the coming years. With Lindi Jumbo now largest supplier of large flake graphite suitable for the expandables market outside China . Knowing China already produces 80% of the worlds graphite supply it sure is interesting times as the world enters a period of uncertain graphite supply amid increasing demand.
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