WKT 4.55% 10.5¢ walkabout resources ltd

Ann: Half Yearly Report and Accounts, page-71

  1. 16,431 Posts.
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    Hi Stirer.

    I think you will find all of the equipment used to build the tailings dam have left the site as I have previously advised.

    This work force is now returning to site,

    Rapid - WKT thought the project was only going to take 7-9 months to build and its taken nearly 2 years so far, Why didn't WKT update the market to advise they were constructing the mine at a snails pace?

    BTW, Croc advised it was adequate for the mines production, which is an incorrect assessment.
    Regarding Croc's other comment "no one is saying it is completed". If you read the companies announcement you will fully understand the tailings dam will not be completed by TNR even after commissioning has been completed, the mining plan details they will continue to increase the height of the tailings dam wall height over the life of the mine.

    The proposed TSF will cover an area of approximately 17 hectares and comprise of an initially engineered rock starter wall with a maximum
    height of 8 m (at the lowest point), sufficiently high to contain the tailings material during the initial period with a rate of rise less than the specified
    maximum of 2m/year. The TSF will be constructed in phases.

    Croc's comment about the mine not being completed is correct, the comment about the tailings dam being adequate for start up is an incorrect assessment with TNR now returning to site to complete the stage 1 construction of the tailings dam.


 
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