WKT 4.55% 10.5¢ walkabout resources ltd

Laughing and ignoring prudent questions is cheap but not really...

  1. 290 Posts.
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    Laughing and ignoring prudent questions is cheap but not really clever. One might remember the original CAPEX numbers from Syrah. Now go and compare them with reality. That´s also Africa.


    And although I do agree that CAPEX for a graphite mine in Canada will always be (much) more expensive than in Tanzania, I wonder about the factor. Just a few month ago a canadian company published its update economics for their graphite project. Some excerpts:

    open pit

    strip ratio 0.8:1

    reserve grade 27.8% Cg

    mine life (just P&P) 25 years

    average production 51.900 t of con. p.a.

    OPEX C$484 or U$359 per ton of conc.


    excellent infrastructure in place.

    Particularly interesting is the comparable OPEX to WKT!


    Now you may think about the CAPEX amount that company has determined - in light of the WKT numbers. I am really anxious to your thoughts.


 
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