WKT 3.39% 28.5¢ walkabout resources ltd

Hi Tgfn , Have a look at this early presentation for Lindy Jumbo...

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    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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