WKT 2.08% 9.8¢ walkabout resources ltd

I get the sense that there is frustration with the share price...

  1. 3,058 Posts.
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    I get the sense that there is frustration with the share price given they are "fully funded" and commissioning "next quarter". Most potential investors are waiting to see how commissioning goes.

    The company claim they have a substantial stockpile of high grade ore for commissioning. As you know it was mined alongside the waste needed for the tailings dam. Reportedly grab samples graded up to 40 percent. How much effort has been made to have high confidence in the grade of the stockpile for commissioning? Realistically they will have to rely on belt sampling the ore entering the milling circuit. It's a huge risk that the commissioning stockpile is much lower grade than many here anticipate. It could backfire very badly for the company to have set high expectations based on pure guesstimates. How many samples were taken and were they representative or were they bagged because they looked high grade?
 
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