WKT 4.35% 11.0¢ walkabout resources ltd

Yes, it's clever to maximise early revenue but hiding the cost...

  1. 2,870 Posts.
    lightbulb Created with Sketch. 1066
    Yes, it's clever to maximise early revenue but hiding the cost of mining and stockpiling the low grade as a capital cost in the balance sheet inflates the NPV. It's akin to an accounting magic pudding.
 
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