Short Term Trading Week Starting: 9 Jan, page-153

  1. 5,733 Posts.
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    WKT

    Summary - WKT ~100m shares on issue and MC $9M, next door to VRC (MC $49M and was $150M recently) and MNS (MC $333M and was over $500M recently). VRC and MNS have top graphite and WKT's looks to be even better and WKT has lower OPEX than both VRC & MNS. DYOR as there is a looot of info to post but I won't clog this thread too much, apart from posting today's announcement extracts (what I already posted on the WKT threads).

    *****
    Scoping Study out this morning.

    Looking good - this will be a monster in 2017 and should easily follow the gains that we have seen on VRC and MNS.

    And we have the better product and lower costs.

    Looks like it will be the DFS next/shortly and then followed by funding straight after.

    Mining before the end of this year - WOW.

    WKT 1.jpg

    WKT 2.jpg

    WKT 3.jpg

    Cheers,

    GB.


    ps. there's also the below, for all of the Li battery lovers - if/when they achieve 99.5% purity without chemicals then that alone should see it at a $50m MC as most other stocks have done after similar results. They have been working on it for a while and have come up to 98.85% up until now and will achieve 99.5% in the short term.

    WKT 4.jpg
 
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