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

WKT

Click for more information

0.00%

9.5¢ walkabout resources ltd

Ann: Lindi Jumbo Project Update, page-22

First 22 Last

Share
Profile

Follow
Gammat

1,642 Posts.

505

17/06/22

10:56

Post #: 62052411
Share
Originally posted by spid81: ↑

Hi Gammat,

Why do you only tell part of the story, if you read the full announcement you will read "back-up diesel generators have been ordered for initial operations"

Although the future grid connection is fantastic news. WKT hasn't detailed the CAPEX for the transformer, or when the grid connection will be available. What is clear is that WKT still needs to have diesel generators to operate the mine from the start of production, When you consider the mine plan has been pushed back several months due to delays with shipping from China, Its safe to say it's going to be a while before the connection is made.

Fancy answering all my other questions now that I have answered yours?

Expand

Thanks Spid,

So just to summarize on the topic of power so we don't have to revisit this topic in a couple days again:

this is fantastic news (good to you to finally say something positive - even if it was slightly forced)
diesel generators required for commencement - correct. Nothing crazy here
No issues or dramas then ... power is progressing
WKT Price at posting: 21.5¢ Sentiment: Hold Disclosure: Held
12 Upvote

3 Great analysis

Reply

Top Stories

PNN

Power gets set for 1000-metre maiden drilling program in Brazil

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

US election outcomes: Key economic and market takeaways

Quit before you're fired: Russia bans uranium exports to USA, duplicating extant US ban

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

There are more pages in this discussion • 480 more messages in this thread...

First 22 Last

Add WKT (ASX) to my watchlist

SPONSORED BY