WKT 4.55% 11.5¢ walkabout resources ltd

Best Graphite Investment Opportunity Stock

  1. 5,696 Posts.
    lightbulb Created with Sketch. 7986
    Hi All,

    Thought I'd put together a summary for WKT.

    Easily the best graphite stock investment opportunity going around at the moment in my opinion.

    Here's why:

    - Share price - 0.003c bidding and 0.004c sell side.
    - Market cap at 0.003c is $4.1M and $5.5M at 0.004c.
    - Cash is $1.6M
    - EV of $2.5M at 0.003c and $3.9M at 0.004c.
    - VTEM survey just completed.
    - Drilling started in the last 1-3 days.
    - CR just finished with the last ~90M placement at 0.003c to be finalised tomorrow.
    - Directors put in $152k+ of their own cash into the current CR and are the largest shareholders in the company.

    Latest announcement:

    WKT - 17-09-15 - VTEM Done & Drilling begun.jpg

    Timeline of upcoming newsflow:

    WKT - Schedule.jpg

    Location is smack bang in the middle of MNS's discovery grounds (MSN is valued at $240M+ fully diluted and it's Nachu project is immediately to the left of one of WKT's tenements):

    WKT - Tenements in between MNS Discoveries.jpg

    Charts of next door neighbours, with WKT's turn to now come:

    Chart - MNS:

    Chart - MNS - 18-09-2015.jpg

    Chart - MOZ:

    Chart - MOZ - 18-09-2015.jpg

    Peer comparisons:

    MOZ - Valued at $20M fully diluted and around the same stage as WKT

    MNS - Valued at $240M and a lot more advanced.


    WKT - Peer Comparison.jpg

    MNS-WKT-MOZ.jpg

    Recent MOZ announcement compared to similar announcement from WKT:

    MOZ:

    MOZ - Jumbo.jpg

    WKT:

    WKT - Super Jumbo World.jpg

    MOZ:

    "HIGH GRADE ASSAY RESULTS CONFIRMED AT CHIWATA AND MASASI PROSPECTS"

    - Average grade of 7.2% for pit assays and 7.6% for rock chips samples at the Chiwata Prospect
    - The highest grade returned from the 11 pit results was 10.8% at the Chiwata Prospect
    - The average grade of the rock chips samples taken, was 7.1% from Masasi Prospect

    MEANWHILE:

    WKT:

    Priced at a fraction of MOZ and has this:

    - Assay results across 26 samples confirm grades up to 43.8% TGC (Total Graphitic Carbon) at or near surface.
    - Fourteen of the twenty-six samples returned grades above 7.5% TGC while nine had grades greater than 10% TGC.
    - Four samples yielded grades in excess of 25% TGC

    WKT has been building up for a few months now and it is about to explode in my opinion, going off the recent trading and announcements as well as the neighbourly activity.

    I suspect 0.004c will get cleaned up in the morning, hopefully for the last time ever and onwards and upwards from there as we get drilling results that match or better those of the big neighbour of MNS.

    Cheers,

    GB.
 
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Last
11.5¢
Change
0.005(4.55%)
Mkt cap ! $77.19M
Open High Low Value Volume
11.3¢ 11.5¢ 11.0¢ $11.92K 105.3K

Buyers (Bids)

No. Vol. Price($)
10 270182 11.0¢
 

Sellers (Offers)

Price($) Vol. No.
11.5¢ 61357 3
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Last trade - 16.10pm 18/06/2024 (20 minute delay) ?
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