WKT 2.22% 11.0¢ walkabout resources ltd

Ann: Updated Ore Reserve Delivers 17.9% Graphite Grade, page-23

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    A conservative US $ 1200 per ton profit margin x 40,000 tons PA = US$ 48 million
    = AU $ 70 million

    After $30 million debt paid prior to dividends paid out at say 50% of profits = $35 million

    Easy calculation Dividends will be at least 11c per share or today's share price , current investment in WKT will be returned every year as a dividend by my math if correct ? could be more ? just my guess anyone else want a stab ?

    $ 70 million pa profit on a PE of 10 will make WKT worth $700 million or about $2.20 per share on the Lindy Graphite project alone without any further dilution , exciting times ahead investors, but do your own research.
 
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