Robbo24 Sure does get on ones goat but also inadvertently provides motivation.While Robbo24 is happy to talk up cash raise for what ever reason he never mentions the quality of our resource. I can remember last time claiming we were insolvent leading up to the successful over subscribed cash raise. You were also not happy that directors had opted to add more skin into the mix by waiver of income in Lou of shares. The pig with lip stick quite often gets a run but the resource remains the same.
Do you believe WKT will impact your high cost low margin project.Walkabout Resources will have a low cost high return operation delivering concentrate to market late 2017. Are you not aware that being one of first to market is an advantage as KNL had indicated before changing position once again.
Walkabout are positioning them self to be able to survive in dynamic markets with our high grade quality graphite rate best in class.I notice that you have some off/take in place but why not for Niche markets. High margins are being expected for super jumbo so why not.
"Walkabout Resources success hurts I know that much"
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With money that was raised our project has been well advanced and are now expecting indicated and measured levels and also an extension of resource along the western flank of Gilbert ark. Mining licence can then be applied for but what about those samples that were sent to the USA and ...?Mr Trevor Benson has arrived,what to make of that...?
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While Walkabout Resource key objectives are being achieved from funding it is building a compelling case. Remaining boutique with high margins reducing risk and expanding in to known markets is a sensible approach. As pointed out above from announcements the high grade domain 2 can be mined for 10 years at 50,000 TPA with a recovery of 96%. We are expecting an upgrade and extension to resource with the highest of margins.
More money will of course be required as it is no different to others. The staged development plan is modest and compelling.
Basket price $2567@50,000 TPA =$??
Basket price $1529@25,000 TPA=$??
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