@Croc-file - Here is the data posted last year Have added more...

@Croc-file - Here is the data posted last year

Have added more to the tables as it appears forecasts are predicting our AUD to now hit 55c.
55c conversion rate will add even more $$$ to the WKT kitty when in production.

For the past couple of years I have mentioned the Aussie Dollar having an influence on our Graphite project as it is all calculated in USD and it has steadily declined as predicted and appears it may decline even further now into the 55c range.

JUST MEANS MORE UPSIDE FOR WKT and for most Mining Companies dealing in USD.

The lower our Aussie dollar goes the more profits WKT makes when converted from USD to AUD.

May 2018 was around 75c
May 2019 was around 69c
March 2020 is around 65c
PROJECTED to hit 55c in the very near future.

To put that into context

Our basket price $1,515 USD minus the Opex $347 USD = $1,168 USD per Ton of concentrate.


See the value on the project as the AUD drops
NOTE market has already hit 65c and predicting 60c by the end of the year.

$1,168 USD divide by 0.75c AUD = $1,557 AUD x 40K Ton = $62.3 M (May 2018)
$1,168 USD divide by 0.70c AUD = $1,668 AUD x 40K Ton = $66.7 M (May 2019)
$1,168 USD divide by 0.65c AUD = $1,797 AUD x 40K Ton = $71.9 M (March 2020)
$1,168 USD divide by 0.60c AUD = $1,946 AUD x 40K Ton = $77.8 M
$1,168 USD divide by 0.55c AUD = $2,123 AUD x 40K Ton = $84.9 M (PROJECTED)
$1,168 USD divide by 0.50c AUD = $2,336 AUD x 40K Ton = $93.4 M

https://www.xe.com/currencyconverter/convert/?Amount=1,168&From=USD&To=AUD​

* NOTE these numbers are the Free Carried Margin (NOT END PROFITS) after OPEX costs ONLY.
Some market forecasts predicting that by 2020 to 2023 our AUD will drop to 55c.
IMO thats probably not low enough - I am expecting it to go as low as 50c and hover in 2020 to 2023.
Either way still equals more profits in AUD to the company well ahead 2018 numbers ; )

https://longforecast.com/australian-dollar-aud-to-usd-forecast-2017-2018-2019-2020-2021​