WKT 3.09% 10.0¢ walkabout resources ltd

Ann: Development Progress - Lindi Jumbo Mine, page-5234

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  1. 17,852 Posts.
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    Hi trouser, it’s interesting how the selective quoting of statistics can confuse people on what the resource is. For example you quote high grade reserves but yet when one looks at the WKT mineral resource they don’t really have much material in this category. Anyway here is a graph of WKT mineral resource , I have added the blue line to show a 15% cutoff (ie what part of the resource is above 15%) and a also added a red line which shows the massive amount of material wasted compared to if a 5% cut off is used.

    Good luck with all that waste, it’s interesting how quickly the resource drops off as one increases the TGC cut-off.

    https://hotcopper.com.au/data/attachments/6198/6198163-84e4f15caa0c23c381ec74cdf2a021ca.jpg







 
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