WKT 8.33% 13.0¢ walkabout resources ltd

Lindi v Molo

  1. 5,617 Posts.
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    I'm starting this new thread because I find it hard to believe the disparity between the Multiple Project owned WKT'S shareprice (19.5c) and NextSource Materials ($3.29 CAD) individually owned Molo Madagascan Graphite Project. They do also have a Vanadium 'tag on' to their Graphite Project, but hopefully we'll get to the bottom of that as well.

    We'll start with some information about the Molo Graphite Projects and value add as we go along. Let's see if as a group we can determine who has the superior graphite project and why there is over a $3 difference in shareprices.

    In June 2017, the Company released an updated Feasibility Study, which verified positive economics for a phased production of the Molo mine, which will utilize a fully-modular build approach taking into account current-day flake graphite prices. Phase 1 will consist of a fully operational and sustainable graphite mine with a permanent processing plant capable of producing approximately 17,000 tonnes per annum (“tpa” of high-quality SuperFlake™ graphite concentrate per year with a mine life of 30 years.
    In September 2019, the Company released a further updated Feasibility Study ("the 2019 Updated Feasibility Study Technical Report") that outlined a phased development approach with Phase 1 producing 17,000 tonnes per annum (“tpa” over the first two years of production and Phase 2 producing a total of 45,000 tpa by year 3.
    In June 2021, the Company announced the initiation of a technical study for an expanded Phase 2 production capacity of at least 150,000 tonnes per annum (“tpa” of SuperFlake® for its Molo Graphite Mine in Madagascar.  This is a significant increase from the 2019 Feasibility Study, which considered a Phase 2 production capacity of only 45,000 tpa.

    Is anyone able to see the similarities between both Lindi v Molo. Once again, very exciting time to be invested in the Fully Funded Lindi Graphite Project soon to be in production. As always, DYOR.
 
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