WMN appear to be well on their way to becoming a true end to end graphite technology producer… and we are along for the ride.its long term goal is to set up its own industrial park right outside its Tamboli graphite mine gates The tenants of this park will be buyers of the graphite products produced at its beneficiation plant and direct users of the graphite, be they technology players or heavy industry. It’s conducting more drilling to establish JORC level graphite resources, finalising its mine and processing plant designs and working to attract more downstream industry players. This is a company gunning to profit from each link in the graphite value chain from mining, processing and selling, both to off-take customers in the steel industry and technology innovators. It has strong support from its shareholders and local connections that could smooth its journey to become a significant new supplier of this in demand material as an end-to-end graphite producer.
This is a very tightly held company – the top 20 shareholders hold 81.8%
Good luck to all long term holders
WMN Price at posting:
9.7¢ Sentiment: Buy Disclosure: Held
