Its more of a case of a majority of projects are unlikely to get funding in this current investment climate with current graphite pricing and their lack of Free Cash Margins.
Even when the Investment Climate changes and its doing it now, a majority of projects will still NOT be able to secure funding due to requiring higher graphite pricing due to the lack of Free Cash Margins to support and sustain finance and repayments.
The same can not be said for WKT ; )
Has the lowest Capex
Has the lowest Opex
Has the lowest Working Capital requirements
Has the Highest Free Cash Margins
Has the Highest head grades 17.9% TGC and the highest cut off grades 10% TGC
(BTW - WKT cut off grades are equivalent to what other hopefuls have as their head grades.)
Has the highest and best Flake Size Distribution.
Has the shallowest mining operation from surface down to 50-60m that will take 24 years.
(BTW - open to the North and South plus a 4km strike on our neighbouring tenement)
Has the smallest time frame to be into production from start of funding.
(BTW - all WKT long lead items have been brought and paid for and ready for immediate shipping when the funding is completed. PLUS it just saved 3-4 months on the project timeline.)
Pareto have concluded their intensive DD process and Launched the $40M USD Loan Note.
For WKT its not an IF, its WHEN : ))
Again other Graphite projects do not even come close to even being compared to WKT, so I wouldn't worry too much about WKT being funded, I would be more concerned if invested in other Graphite hopefuls when lack of Free Cash Margins to support High Capex and High Opex are exposed.
DYOR - Highly recommended.
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Last
13.0¢ |
Change
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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($) | Vol. | No. |
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13.5¢ | 398672 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 81219 | 0.125 |
3 | 206071 | 0.120 |
3 | 147564 | 0.115 |
2 | 350000 | 0.110 |
7 | 319976 | 0.105 |
Price($) | Vol. | No. |
---|---|---|
0.135 | 398672 | 7 |
0.140 | 312924 | 2 |
0.145 | 108000 | 2 |
0.150 | 7139 | 1 |
0.155 | 160927 | 2 |
Last trade - 16.10pm 02/05/2024 (20 minute delay) ? |
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Last
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Change
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Open | High | Low | Volume | ||
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Last updated 15.59pm 02/05/2024 ? |
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