WKT 4.35% 11.0¢ walkabout resources ltd

Ann: First Drawdown Senior Debt Facility, page-79

  1. 8,408 Posts.
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    Hi Spid81 if the final shape is round it holds lower density within the pack…(Round balls) The spherical shape holds higher density within a pack…

    The biggest experiment to date is the 200 bulk sample that produced less than 10 tons of product…The Red flag are many including the transition to expert in Graphite a with such little data to cover the many variables and unknown variables of weathering at depth…With a BFS in hand even the Banks have walked away where the market was never updated…

    It would have been far better to fund the project before inflation doubled the CAPEX but with out bulk tests of the weathered material at depth we may never know the true extent of the weather oxide material that also mined…

    Construction continues with debt drawn down confirmed…First mover advantage is an incredible advantage…

    Regards Croc


    Last edited by Croc-file: 14/07/23
 
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