I hope you didn't buy into the hype when they were pumping funding prior to Christmas,
A few of the popular posters IMO are conmen, my posting on that thread is more personal due to a bull rider going onto another thread with his sidekick retired mate.
Its a massive worry that the largest shareholder who is building the plant, wasn't willing to exercise their options at Christmas or that the company hasn't paid the additional $500k that is owed to them, add in the executive directors selling 1.5mil shares on market.
Their project sounds fantastic with all of the high margins, although their production costs are very similar to EGR (when using BFS figures) and their basket price is heavily weighted on Large and jumbo flakes. have you noticed the Chinese offtake companies are not interested in the jumbo flakes, where WKT claimed this is highly suitable to the expandable graphite market?
