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10.5¢ walkabout resources ltd

Hi FDS it doesn’t add any value to the NPV…Stop embarrassing...

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Croc-file

8,408 Posts.

6914

26/05/24

12:58

Post #: 74012623
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Originally posted by Farmdownsouth: ↑

The DFS provided concentrate operating costs of US$ 282 per tonne. Total average yearly operating costs is 40,000 tonnes x $282 per tonne = US$ 11.28 million. This equates to $11,280,000/300,000t = US$ 37.60 per tonne of ore feed. The operating cost of $37.60 per tonne is comprised of three parts:

1) Mining Costs
2) Processing Costs
3) General and Administration Costs

The Processing Costs will be at least US$20 per tonne and G&A US$10 per tonne which leaves only $7.60 per tonne of mining costs. Accordingly total average mining costs are US$ 7.60 x 300,000 tonnes = $2.28 million. This total mine operating cost covers the 300,000 tonnes of ore feed and the 1,320,000 tonnes of low grade and waste (strip ratio of 4.4). Total mining cost per tonne of material mined is US$ 2,280,000/1,620,000 tonnes =$1.41 per tonne which is impossibly low - should be at least $5 per tonne. Accordingly, mining costs of low grade must have been treated as a capital cost - it's the only way the numbers stack up.

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Hi FDS it doesn’t add any value to the NPV…Stop embarrassing yourself…

Regards Croc

WKT Price at posting: 12.5¢ Sentiment: Buy Disclosure: Held
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Last 10.5¢		Change -0.005(4.55%)		Mkt cap ! $70.48M

Open	High	Low	Value	Volume
11.0¢	11.0¢	10.5¢	$34.2K	313.6K

Buyers (Bids)

No.	Vol.	Price($)
5	609987	10.5¢

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Price($)	Vol.	No.
11.0¢	96669	2

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No.	Vol.	Price($)
5	609987	0.105
12	588632	0.100
1	20000	0.099
2	100001	0.096
2	15000	0.095

Price($)	Vol.	No.
0.110	96669	2
0.115	26348	3
0.120	532663	12
0.125	738059	13
0.130	366189	11

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