Ann: Development Progress - Lindi Jumbo Mine, page-1633

Hi Stirer,

That is correct, I am using the higher Unrisked valuation for the Lindi Jumbo mine from 2019 and 2023 IIR.

If you want to apply a discount for the current shareprice, Either 21c or 24c for the base. Just times it by .75 = 15.75 - 18c is the current valuation with the discount for the risk. You could say WKT should be trading at this price range.

@Croc-file

Yes Croc you are misleading investors, The area where that mining took place is outside of the starter pit (location is where the yellow arrow is located). Mikes Tweet is from when TNR excavated material for the tailings dam.

If you read the yellow box below, it clearly states the starter pit has only had the topsoil removed. the main ore zone/stockpile area is the section that requires additional drilling to upgrade the inferred resource into a minerial resource. Why hasn't the drilling commenced for mining to commence.




I would say your credibility is quickly being eroded, but your followers believe the BS you sell them, sadly these investors are the ones who are going to get burnt when you finally fall.