WKT 0.00% 24.5¢ walkabout resources ltd

Hi @Bluey That table and those numbers you have pulled from the...

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    Hi @Bluey

    That table and those numbers you have pulled from the 2017 DFS and not the 2019 DFS.

    It appears they have not calculated the waste numbers to the totals so yes those numbers are not accurate.
    More importantly they are VERY much outdated as a lot has changed since Feb 2017. (27 months ago)

    The grades have gotten higher, the reserve and resource has gotten much larger and the cut off grade have increased. All very substantial factors that make the DFS 2019 update the one to be working numbers from.

    As Mike has tweeted, the $13 - $25 / ton is factored around essentially the grades as they move through the mineralisation where the grades will move up and down accordingly as they mine.

    As the hit the higher grades above 17.9% the tonnage rate drops, as they hit the grades below the 17.9% the tonnage rate drops and I am assuming as we hit the 10% and above cut off sections the costs will increase accordingly.

    Still smiling either way seeing as the LOM is going to average out at 17.9% TGC.

    Other Graphite plays at the end of the day, simply will NOT have that same luxury.
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