WKT 2.04% 10.0¢ walkabout resources ltd

100% Rossi…June Quarter revenue will be sub $200k and I suggest...

  1. R08
    8,520 Posts.
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    100% Rossi…

    June Quarter revenue will be sub $200k and I suggest that may be being generous. 1st bag produced early May, shipped early June and pilot orders initially, so not really expecting a big reveal for the June reporting period.

    September Quarter however - will be the big test. Production ramp up and in spec purity improvements leading to stronger than pilot product sales need to achieve north of $3m in revenue for the Sept quarter. Considering WKT have announced capacity to 110 bags (1 tonne bags) a day in production - revenue streams north of $3m in Sept Quarter should really not be that difficult even at a 50% retention to projections. Again, I feel like I am being conservative here particularly amongst the claims of DFS sales at $1,515 PT and below $500 PT Opex. Should be a breeze achieving this type of revenue in the September reporting period.

    So I also agree….all will be revealed in the quarterlies.
 
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