WKT walkabout resources ltd

Mining Weekly Post, page-78

  1. 8,699 Posts.
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    Hi shellbell you really do know how to bang on about nothing IMO...

    Quote:As per BSM's latest ASX release "Bass accelerates production at Graphmada" strip ratio is 2:1 as at 4 September 2019 (not 5:1 as you purported from outdated data)

    The data I used was from your June 2019 announcement and you make out it's such a big deal...Haha

    WKT have a variance of $13-23 per ton mined from high grade sections to low grade sections. Fixed carbon content as apposed to peers quoting TGC grade another mute point...I remember you were quite furious with your management over this major issue but did you get confirmed the TGC ROM and Fixed carbon content ROM...

    How many years have you been invested in graphite and still can not work out a 2:1 strip ratio requires more material to be ran through plant from a sub 5% TGC grade as apposed to 5:1...You just don't get it and at a guess you confuse favorable low strip ratio's like Iron ore with a high density per cubic meter...

    Walkabout Resource are stock piling higher grades than you run through your plant...Yes the strip ratio is higher with little variance in our case of $13-23 how ever the flip side is only high grade is fed thru plant requiring less thru puts and more return on start up capex

    To be able to select mill feed is significant and the high grade black snake remains are very distinguishable as apposed to running low grade dirt sub 5% TGC through plant... yes lets just mine everything and chuck it all thru the plant and the operation will be successful..

    You need to research badly...

    Croc
 
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