Australia's largest stock trading and investment forum Australia's #1 stock forum

WKT

Click for more information

0.00%

10.5¢ walkabout resources ltd

Ann: Development Progress - Lindi Jumbo Mine, page-5273

First 5273 Last

Share
Profile

Follow
Croc-file

8,408 Posts.

6914

26/05/24

12:58

Post #: 74012623
Share

Originally posted by Farmdownsouth: ↑

The DFS provided concentrate operating costs of US$ 282 per tonne. Total average yearly operating costs is 40,000 tonnes x $282 per tonne = US$ 11.28 million. This equates to $11,280,000/300,000t = US$ 37.60 per tonne of ore feed. The operating cost of $37.60 per tonne is comprised of three parts:

1) Mining Costs
2) Processing Costs
3) General and Administration Costs

The Processing Costs will be at least US$20 per tonne and G&A US$10 per tonne which leaves only $7.60 per tonne of mining costs. Accordingly total average mining costs are US$ 7.60 x 300,000 tonnes = $2.28 million. This total mine operating cost covers the 300,000 tonnes of ore feed and the 1,320,000 tonnes of low grade and waste (strip ratio of 4.4). Total mining cost per tonne of material mined is US$ 2,280,000/1,620,000 tonnes =$1.41 per tonne which is impossibly low - should be at least $5 per tonne. Accordingly, mining costs of low grade must have been treated as a capital cost - it's the only way the numbers stack up.

Expand

Hi FDS it doesn’t add any value to the NPV…Stop embarrassing yourself…

Regards Croc

WKT Price at posting: 12.5¢ Sentiment: Buy Disclosure: Held
8 Upvote

0 Great analysis

Reply

Top Stories

AVH

Avita boosts skin restoration product portfolio with 'dermal matrix' – a kind of next-level gauze made of fake skin

CPV

Clearvue shares up 15% as it inks deal to enter Middle East and Indian construction markets

GML

Gateway Mining sells WA Eastern Montague gold project to Brightstar for $14M – half of that in shares

POL

Polymetals finalises acquisition of Endeavor silver-lead-zinc mine in NSW's Cobar Basin

LML

Lincoln repositions Kookaburra for low-cost graphite delivery

There are more pages in this discussion • 1,312 more messages in this thread...

First 5273 Last

Add WKT (ASX) to my watchlist

(20min delay)
Last 10.5¢		Change 0.000(0.00%)		Mkt cap ! $70.48M

Open	High	Low	Value	Volume
10.5¢	10.5¢	10.5¢	$22.05K	210.0K

Buyers (Bids)

No.	Vol.	Price($)
13	676172	10.0¢

Sellers (Offers)

Price($)	Vol.	No.
11.0¢	105110	2

View Market Depth

No.	Vol.	Price($)
12	676022	0.100
5	620000	0.099
2	140204	0.098
1	150000	0.095
1	120000	0.092

Price($)	Vol.	No.
0.110	105110	2
0.115	83620	3
0.120	408360	9
0.125	545166	9
0.130	184736	5

Last trade - 12.04pm 01/08/2024 (20 minute delay)

WKT (ASX) Chart