Your missing the point and here lies your problem in understanding the WKT situation.
WKT will only be producing 10K TPA of Battery Grade Graphite Concentrate.
NO Industrial Scale required and even when WKT expands her operations by double to 80K TPA it will still only be able to supply 20K TPA to the Battery Market.
WKTs product has been tested by parties who are not labs and is easier to sell the quantity of product into the spot price or perhaps do our own downstream processing in the future ; )
To put some numbers into context for you.
Battery Grade
10K T x $500 USD / t = $5M USD
Opex costs of $347 USD / t = $3.47M USD
Free Cash Margin = $1.53M USD
The battery grade is not a significant contribution to the projects profitability.
It can be easily sold at Spot prices and WKT have more than enough offers and BTS/BOAs.
Others hopeful G plays with higher Opex costs will ONLY burn shareholders cash.
Expandable Graphite
30K T x $1500 USD / t = $45.45M USD
Opex costs of $347 USD / t = $10.4M USD
Free Cash Margin = $35M USD
Your missing the point and here lies your problem in...
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Last
13.0¢ |
Change
0.005(4.00%) |
Mkt cap ! $87.26M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 13.5¢ | 12.5¢ | $149.1K | 1.165M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 81219 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 398672 | 7 |
View Market Depth
| Last trade - 16.10pm 02/05/2024 (20 minute delay) ? |
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Last
13.0¢ |
Change
0.005 ( 8.33 %) |
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| Open | High | Low | Volume | ||
| 12.5¢ | 13.5¢ | 12.5¢ | 109479 | ||
| Last updated 15.59pm 02/05/2024 ? | |||||
| WKT (ASX) Chart |