WKT 3.85% 12.5¢ walkabout resources ltd

Ann: Lindi Jumbo Graphite Project Funding Update, page-592

  1. 12,683 Posts.
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    No they couldn't relate to a hundred other companies. Because they are relative to graphite.

    Standard Mining is the easy part...straight forward, however the "selective" mining that WkT proposes adds some additional complexity to the process.

    Processing the ore is the difficult area and the great unknown. Processing makes or breaks the whole endeavour.
    Again, look at SYR in similar hard rock geology. Their large flake numbers are poor and way off their forecasts and they have done a lot of work over time trying to improve those numbers.

    Graphite is different to other minerals......claims of flake size, flake density, profitability etc etc are all unknown until you start processing the ore. WKT fresh ore has not been bulk tested.
    IMO .....Blasting and crushing will destroy a significant quantity of large flake and all those rubbery numbers will bounce right out of the window.

    The continual claims by some posters on here, year after year, of riches and great wealth to come are shameful, bogus and need to be countered. IMO.




 
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