what I like the most about the current valuations of WKT is what is not included, they are all based on the one small portion of Lindi that is targeted for initial mine and rightly so. Factor in the other known but not yet quantified Graphite at Lindi and we have an entirely new set of numbers, bigger numbers. Even better is it’s a fact there is more Graphite not just continuation of ore body of currently quantified body but other ore bodies as well and it’s not speculation or a possibility, it’s there and with just as good if not better grades. Irrespective of the possiblities of other prospects for gold and other Lindi has very serious growth potential just a drill hole or two away whenever the need or want arises.
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- Valuation 64c per share IIR research report
Valuation 64c per share IIR research report, page-68
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