Welomce @Karratha - Is it safe to assume we can take a wild stab at where your located ; )
Its important to understand WKT is not like other Graphite Players and really should not be compared with as we are NOT in the battery sector competing against SYR, which most others will be.
The WKT deposit is unique (World Class) with exceptioanlly high grades.
Our target markets are the expandable market and foils where the PREMIUM $$$ is situated.
We are not requiring enormous volumes working with low grades to cater for the lower end priced battery market. Working with the high grades dodges very real potential risks the low graders have that they dont like to speak about or acknowledge.
Binding Offtake agreements - COMING SOON
The DFS 2019 demonstrates the exceptional revenue stream generator WKT is going to become and that is ONLY using 230K of ore to produce ONLY 40K TPA and we can do more as required and we certainly have plenty of ground to more than triple volumes IMO as demand increases.
$1.44 Billion USD on a capex of less than $30 million USD.
$2 Billion AUD on a capex of approx $40 million AUD.
DFS has now been recently released and the bindng offtakes add the next layer to the project that reaffirms the project is further DE-RISKED for the financiers.
Funding to follow and away we go : ))
We are to be mining in Tanzania, so what adversities do all the other mining companies face that we dont besides if caught doing the wrong thing is a question I have asked potential investors and funders who have been shy on Tanzania. They come up broadly short as they dont understand Tanzania or Graphite.
Billions of dollars across a wide sector of mining acitivities plus Billions of dollars in other infrastructure has not stopped investing in Tanzania and will now be set to increase if anything.
Exciting times ahead indeed. --- WELCOME ABOARD : )
(20min delay)
