WKT 2.08% 9.8¢ walkabout resources ltd

Potential Upside of WKT - Expandable Graphite, page-1445

  1. 8,532 Posts.
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    Hi Shell I gave you a thumb but just adding WKT is in pre-development/development stage...IMO BSM have shown a pathway to funding which is a possible better alternative for low TGC projects out there than the over hyped NPV projects going around.Can not foresee potential Vanilla market competitors being able to enter the market in foreseeable future...

    Where given your point on the next speculative stock passive income is a solid reason to hold...Walkabout Resources have differentiated to peers by not oversupply the market and providing a product limited in nature...The current pit shell is surrounded by high grade outcrops and southern end drilling of high grade not included in DFS. this does not include our larger high grade license contiguous to Lindi....

    Hi grade thru put gives us an advantage over all peers with lowest capital intensity per ton mined...22% TGC can be achieved in first years of operation if required which can also be stock piled and blended with lower grades giving flexibility in startup and teething period...

    To align with experts in the industry with years of experience metallurgy,attrition ,floatation design and manufacturing mitigates and derisks the project.IMO would far rather this experience as opposed to a single person...Strategy to grow into known markets with certainty...

    Croc
    Last edited by Croc-file: 21/07/19
 
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