WKT 0.00% 24.0¢ walkabout resources ltd

Hi Max the term sheets are binding...10,000 tons as a minimum...

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    Hi Max the term sheets are binding...10,000 tons as a minimum and the balance is subject to growing into known markets...It is the price mechanism that is still to be decided...This will be subject to prevailing markets....We only have 40,000 tons available on start up from a low start up capex. Indications are for super jumbo at $6000 per ton in year 2020. A 50% discount was given while modeling the DFS. This figure drops back in 2021 from CN Docking...

    DFS numbers are conservative in general to peers...This has long been a frustration with management always being conservative. Different strategy to vanilla peers opting for a low capital cost base with lowest capital intensity. Note this is from 40,000 ton's resource open at depth and in all directions.

    DFS update March 2019 1.png

    @reiners gets a mention here also for expandable....but one must take into account price assumptions..

    GPX 2 presentation 2018.png

    Currently 30,000 ton's or MOU 90,000 ton's. Previous MOU partners all indicated they each wanted the whole 40,000 TPA. They can not all have it unless we expand the project while the should be able to deliver around 60,000 TPA.

    For those like @setfire2tehive the name plate is 300,000 TPA with grades @15% TGC.Start up is 230,000 TPA @ 17.8% TGC for life of mine.

    Expandable markets have some what been missed by the market...this is about to change

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