Hi HKP,Why does WKT need a minimum US$2mil injection in the...

Hi HKP,

Why does WKT need a minimum US$2mil injection in the first place if the plant is performing as expected?
Or why did WKT even need to drawdown on Gemcorps US$5mil back up funding,

According to Stirer, he thought WKT had US$10mil available out of the first US$20mil facility?

Sparecash the other month was pointing out WKT had $25mil of free cash,

Or we can cosider the lack of mining photos Mike is tweeting, can you remember the last tweet showing the mining pit or the ROM stockpile.

You can look back to Mike's tweet from the 22nd of March 2024



This stockpile was only meant to last 20 days, Yet WKT produced its first concentrate on the 2nd of May, which is 71 days ago.

I am sure you can also calculate the volume of contained graphite in the stockpile.

12,000 x 14% = 1680 tonnes, yet we had Mike confirm the other week, WKT had only produced a few hundred tonnes,
BTW, to move this much material you need at least 60 trucks, yet the promoters are excited about the 6-8 that have been shown in Mikes Tweets.

Pleanty of Red Flags to consider, I am sure you can understand why the promoters are not willing to discuss the risks, or why WKT needs these the injection of US$2mil as stated in the 2nd of July ASX announcement.