WKT 2.04% 10.0¢ walkabout resources ltd

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

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  1. 8,953 Posts.
    lightbulb Created with Sketch. 6820
    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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Mkt cap ! $67.12M
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10.5¢ 10.5¢ 10.0¢ $10.44K 101.4K

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1 10000 9.9¢
 

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