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

WKT

Click for more information

0.00%

10.0¢ walkabout resources ltd

Hi FDS to help you out there is no economic value being added to...

First 5267 Last

Share
Profile

Follow
Croc-file

8,411 Posts.

6924

26/05/24

10:44

Post #: 74011636
Share

Originally posted by Farmdownsouth: ↑

I don't expect you to understand Croc. Perhaps you need to have a mining engineer walk you through the Excel spreadsheet that Bara Consulting used to calculate the NPV. You will find operating costs are a negative cashflow that grow at the discount rate over the life of the project and offset the NPV by a larger amount than capital costs which are buried in the company's balance sheet (of assets) and aren't subject to the discount rate.

The comments above are relevant to understanding how accounting decisions can fluff up the NPV. Furthermore, the inclusion of low grade material as an asset in the balance sheet is in no way a guarantee that the low grade material is an asset as distinct from a liability. In such a small plant it is questionable whether the rehandle cost of feeding low grade material through the plant in future years will be profitable.

Expand

Hi FDS to help you out there is no economic value being added to the NPV from the reserve stockpile…Just ask for your post to be removed to shorten the embarrassment…

Regards Croc

Last edited by Croc-file: 26/05/24

WKT Price at posting: 12.5¢ Sentiment: Buy Disclosure: Held
9 Upvote

0 Great analysis

Reply

Top Stories

Earnings Wrap: why is the utilities sector tanking & other big name earnings on Thursday

OSL

Oncosil device successfully treats pancreatic cancer in Türkiye

MXR

Maximus picks up 25.93 g/t of gold through infill drilling at WA's Hilditch

Emerald & Azure score Digger & Dealer awards

Bitcoin: Current State of Play & Where to Next | Swyftx

There are more pages in this discussion • 1,636 more messages in this thread...

First 5267 Last

Add WKT (ASX) to my watchlist

(20min delay)
Last 10.0¢		Change 0.000(0.00%)		Mkt cap ! $67.12M

Open	High	Low	Value	Volume
10.0¢	10.0¢	10.0¢	$4.33K	43.3K

Buyers (Bids)

No.	Vol.	Price($)
1	15000	9.8¢

Sellers (Offers)

Price($)	Vol.	No.
10.0¢	427817	4

View Market Depth

No.	Vol.	Price($)
1	15000	0.098
2	81721	0.097
1	360000	0.096
2	92238	0.095
2	138296	0.092

Price($)	Vol.	No.
0.100	427817	4
0.105	140113	2
0.110	83620	2
0.115	170000	3
0.120	419902	8

Last trade - 13.25pm 15/08/2024 (20 minute delay)

WKT (ASX) Chart

SPONSORED BY