WALKABOUT RESOURCES LTD (ASX:WKT) - Ann: SkyTEM Results - Confirm Numerous VMS Targets, 35959895, page-41 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

Originally posted by oznt ↑

Simple version

9-12 months to production (everyone incentivised so should be earlier)

DFS is based on 1,000 T/day, however our engineering partner has had foresight to provide a solution capable of being able to process 3,000 T / day.
(Typically most plants don't reach nameplate capacity, but their is the ability to run additional shifts.)

We will begin extracting (quarry style) on the high grade stuff. Less dirt more concentrate.

Assays from the resource expansion will most likely be higher grades again and will be closer to the plant.
IMO - The volume and efficiency that can be implemented has the ability to knock out 40K T of concentrate within a month or 2 once the plant is dialled in, when we start on the high grade.
Some of the photos intrench look far more impressive than 16% TGC.

I have previously posted some numbers and breakdowns on the grades, volumes, time and profitability.

IMO with the plant size they have the ability to knock out the 40K T of Concentrate and have surplus stock for whoever steps forward and wanting it. We have been told each offtake partner wants 40K each but we are not committing to it, yet, until the plant is operational I suspect.

This has the potential to generate profits before Xmas 2019 from $40M-$64M and our basket prices are stressed tested figures. Essentially equivalent to our MC now. Next years basket price figures will be higher again.

The plant will have the ability to produce 120-200 T of concentrate per year depending on the TGC so as the offtakes increase in 2020 into the known market, so will our market cap and balance sheet from the profits accordingly.

Onsite plant being built and will now be underway on site and via shipyards. Works are happening.

Remaining finance will come about when the deal suits the company IMO - Keep in mind TB says in one of the videos $29.7M and states they believe this figure can be reduced to $25M. That's a large chunk of $$$ saved ($4.7M) and more importantly it creates less $$$ being required for the last piece of the finance puzzle.

Dividends are VERY possible IMO before Xmas 2019. Looking forward to the next AGM : ))

**********
IMO - Just a thought - If the new assays are as good as they look and at surface, perhaps an option is going to be a fleet of excavators onsite and bulker bagging the more pure looking stuff. Self financed then : ))

**********
The other projects IMO will require very little expenditure (IMO under 1M for all 3) to start the ball rolling on NI, Namibia, Scotland and the company needs to plant the seed now in order to be ready somewhere around the time we will be seeing some revenues. International Financers will come flocking well and truly when we are producing and have the runs on the board.

Expand

wow that was a brilliant yet easy to understand summary. Massive credit to @oznt.
I've made summarised graphic of this summary, just so that all this information is available at a grace. Will be posting this on Twitter and referencing to @oznt fantastic work. Thanks for that @oznt.

No.	Vol.	Price($)
1	15000	9.8¢

No.

Vol.

Price($)

15000

9.8¢

Price($)	Vol.	No.
10.0¢	243117	3

Price($)

Vol.

No.

10.0¢

243117

No.	Vol.	Price($)
1	15000	0.098
2	43591	0.097
1	360000	0.096
2	92238	0.095
2	138296	0.092

No.

Vol.

Price($)

15000

0.098

43591

0.097

360000

0.096

92238

0.095

138296

0.092

Price($)	Vol.	No.
0.100	243117	3
0.105	140113	2
0.110	83620	2
0.115	170000	3
0.120	419902	8

Price($)

Vol.

No.

0.100

243117

0.105

140113

0.110

83620

0.115

170000

0.120

419902

(20min delay)
Last 10.0¢		Change 0.000(0.00%)		Mkt cap ! $67.12M

Open	High	Low	Value	Volume
10.0¢	10.0¢	10.0¢	$2.8K	28K

wow that was a brilliant yet easy to understand summary. Massive...

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