WKT 4.76% 10.0¢ walkabout resources ltd

Ann: Lindi Jumbo Project Update, page-264

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  1. 2,709 Posts.
    lightbulb Created with Sketch. 1110
    there are two camps here for sure @Louis2020

    One owns $WKT and reads the announcements with great detail, who has access to platforms to regularly question WKT management and verify facts independently because they do value their investments.

    $WKT is a threat to almost every single graphite play out there. Many of whom will never be profitable based on their DFSs / BFSs, and some who are in production will take years to become profitable.

    Very few come close to some of WKT's numbers:

    https://hotcopper.com.au/data/attachments/4505/4505013-d1ba7d78cec59dbb8fda9ee13fc5a926.jpg

    That free cash margin of Approximately $1200 USD / $1782 AUD is something to behold!

    I believe there will be further cost reductions as TNZ Power connects up power that was not factored into the original DFS.

    Management is currently working on getting the mine built and continuing to optimise the project in the most effective way possible. It is very encouraging to see the modern Agile management approach on almost all fronts.

    For now, they are working quietly with very little media attention and coverage, but once things are nearing completion, they will turn their attention to Marketing that's when things would become very interesting.



    Last edited by bushmaster: 14/07/22
 
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