WKT

4.00%

9.6¢ walkabout resources ltd

Ann: Quarterly Activities Report, page-93

First 93 Last

Share
Profile

Follow
sirrobbo

3,977 Posts.

1309

01/08/24

15:45

Post #: 75029667
Share

Originally posted by GGtrader ↑

Thank you for sharing that information sirrobbo ,I particularly appreciated the section focusing on Lindi Jumbo:

Impacts for Lindi Jumbo As a substantial coarse flake miner with a ratio of 26:74, it benefits from both the reduced supply of coarse flake by-product of others to sell all its coarse flake production but also at higher prices as there is less supply available. Also, with less producers producing fines there is less competition to sell its 10,400t of its by-product fines.

Paradoxically, the shut in of other mines may increase the demand for Lindi Jumbo coarse product beyond its planned production of 29,600tpa. By producing high value product from a high-grade mine at a lower scale, the fixed costs of the Lindi Jumbo mine are relatively small. The additional 10ktpa production capacity can be made available for no further capex & would result in a 25% reduction in the fixed cost proportion per tonne of production.

Therefore, Lindi Jumbo may benefit from the current circumstances in 3 ways:
1. A higher price for coarse material as less competing supply is available
2. An increased demand for its coarse flake as existing supplies become less available allowing it to use its excess capacity
3. A lower cost of production as its fixed costs are spread over a greater volume of production.

The only disadvantage is that the realised price for fines would likely be slightly less but this is only a slight change to 12% of its revenue.
This will likely result in a higher margin over greater production delivering not only higher revenue & profits but also greater profitability per tonne.

Expand

Great post GGtrader

Yes even though some numbskulls try and compare WKT to SYR, the decrease in prices for the fines will have zero impact on WKT's revenues as they were only going to stockpile the fines anyway. That's how good the Lindi resource is.

Lindi's plant is optimised for large, Jumbo and Super Jumbo flake.

Most people understand this but there a few that are here daily that will never make the connection it seems.

WKT Price at posting: 10.5¢ Sentiment: Buy Disclosure: Held
15 Upvote

2 Great analysis

Reply

Top Stories

SBW

Shekel Brainweigh investor presentation webinar – the future of retail automation

CBA breaks trading record on strong day for Aussie financials

Week 36 Wrap: AI hype wave tested again; Oz per capita recession continues; AirTrunk’s $40B+ payday

OCC

Orthocell kicks off collagen-based dental bone repair product sales in Canada; eyeing next stop Brazil

LAM

Laramide sniffs prime Kazakh uranium, with agreement over 6000 square km land position

As Nvidia cools, we're looking to Aussie AI

RMX

Red Mountain Mining: record gold prices, two projects, two greenstone belts

BIT

HotCopper users blunt as Biotron sinks -35%; long-awaited COVID drug results same as placebo

QML

Metallurgical testing shows saleable copper and pyrite from QMines' Develin Creek project

PRU

Perseus Mining boosts stake in Predictive Discovery to 19.9% as latter's flagship project stalls

There are more pages in this discussion • 36 more messages in this thread...

First 93 Last

Add WKT (ASX) to my watchlist

(20min delay)
Last 9.6¢		Change -0.004(4.00%)		Mkt cap ! $64.44M

Open	High	Low	Value	Volume
10.0¢	10.0¢	9.3¢	$79.54K	821.5K

Buyers (Bids)

No.	Vol.	Price($)
1	50000	9.4¢

Sellers (Offers)

Price($)	Vol.	No.
9.6¢	66614	1

View Market Depth

No.	Vol.	Price($)
1	50000	0.094
1	8543	0.093
2	18924	0.092
4	486111	0.090
1	50000	0.089

Price($)	Vol.	No.
0.096	66614	1
0.097	95820	1
0.098	240300	2
0.099	216054	2
0.100	197434	1

Last trade - 15.39pm 06/09/2024 (20 minute delay)

WKT (ASX) Chart

Ann: Quarterly Activities Report, page-93

Shekel Brainweigh investor presentation webinar – the future of retail automation

CBA breaks trading record on strong day for Aussie financials

Week 36 Wrap: AI hype wave tested again; Oz per capita recession continues; AirTrunk’s $40B+ payday

Orthocell kicks off collagen-based dental bone repair product sales in Canada; eyeing next stop Brazil

Laramide sniffs prime Kazakh uranium, with agreement over 6000 square km land position

As Nvidia cools, we're looking to Aussie AI

Red Mountain Mining: record gold prices, two projects, two greenstone belts

HotCopper users blunt as Biotron sinks -35%; long-awaited COVID drug results same as placebo

Metallurgical testing shows saleable copper and pyrite from QMines' Develin Creek project

Perseus Mining boosts stake in Predictive Discovery to 19.9% as latter's flagship project stalls

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: Quarterly Activities Report, page-93

Top Stories

Shekel Brainweigh investor presentation webinar – the future of retail automation

CBA breaks trading record on strong day for Aussie financials

Week 36 Wrap: AI hype wave tested again; Oz per capita recession continues; AirTrunk’s $40B+ payday

Orthocell kicks off collagen-based dental bone repair product sales in Canada; eyeing next stop Brazil

Laramide sniffs prime Kazakh uranium, with agreement over 6000 square km land position

As Nvidia cools, we're looking to Aussie AI

Red Mountain Mining: record gold prices, two projects, two greenstone belts

HotCopper users blunt as Biotron sinks -35%; long-awaited COVID drug results same as placebo

Metallurgical testing shows saleable copper and pyrite from QMines' Develin Creek project

Perseus Mining boosts stake in Predictive Discovery to 19.9% as latter's flagship project stalls

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News