Hi Tgfn , Have a look at this early presentation for Lindy Jumbo , it will explain to you why WKT 's capex is only $29 million compared to our competitors and why GRADE IS KING , you will see an example with some nice big pictures showing a project that has only 5% grade how large the economy of large scale and how large the capex for the plant and machinery will need to be to be viable , now compare to WKT's 20% plus grade for the first 3 years , a lot smaller plant and a lot less trucks/excavators with less soil to be dumped and shifted plus 75 % of the resource is the more valuable large flake , Lindi jumbo is unique in nature , ultra high grade at surface , no need to shift millions of tons of soil to start plant feed.
When you and the rest that are trying to understand WHY the small capex , you will start buying WKT , enjoy the important read that the market is just beginning to grasp.
https://www.wkt.com.au/wp-content/u...-Updated-Investor-Presentation-Feb-2016_2.pdf
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Last
9.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $65.78M |
Open | High | Low | Value | Volume |
9.8¢ | 9.8¢ | 9.8¢ | $12 | 125 |
Buyers (Bids)
No. | Vol. | Price($) |
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2 | 370416 | 9.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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9.9¢ | 101969 | 2 |
View Market Depth
No. | Vol. | Price($) |
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2 | 370416 | 0.096 |
3 | 107238 | 0.095 |
1 | 83946 | 0.092 |
3 | 325000 | 0.090 |
1 | 50000 | 0.085 |
Price($) | Vol. | No. |
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0.099 | 101969 | 2 |
0.100 | 150000 | 2 |
0.105 | 99813 | 1 |
0.110 | 20265 | 3 |
0.115 | 120000 | 2 |
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