WKT 1.00% 9.9¢ walkabout resources ltd

Ann: Development Progress - Lindi Jumbo Mine, page-6799

  1. 16,170 Posts.
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    HI Bailey,

    You are almost correct, the break-even point was only related to the mining operation at Lindi, WKT still needs to cover its corporate costs, and directors fees and cover loan interest. Which wasn't factored into the QTR update figures.

    If you use Mike's previous tweets, he advised they had already hit the 2 trucks per day back on the 24th of July,
    https://x.com/MikeonMining/status/1815884597474861455

    This would have been around the capacity WKT required to hit 1/3 production, yet the QTR report that was released a a week later didn't make any mention of acheving this output, all they advised was they expect to reach these levels during the current QTR.


 
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