Ann: Updated DFS Confirms Standout Graphite Project, page-150

The much-anticipated Lindi Project DFS upgrade has not failed to disappoint. The enhanced profitability and project returns reflect the robust project grades and will help position WKT to potentially deliver the largest margins in the graphite industry. This provides for opportunities in terms of increased market share, as well as providing meaningful downside protection.

WKT will look to minimize production and financial risks by avoiding a large, overly complex operation in the early stages, instead looking to increase production from a stable economic base that utilizes modular design. There is potential for further upside, including the capacity to produce and sell more graphite than designed for, and also expanding into not-yet utilisedhigh-grade deposits to the south.

https://www.sharecafe.com.au/2019/03/08/lindi-dfs-update-sends-walkabout-shares-on-the-run/