Tweet, page-260

Great effort for being honest here Oznt bring attention to the down side...This is not a ramp stock with an effort to have available data broad cast...

Why post it because it brings awareness to the flip side of blue sky...Management have gone a long way to de-risking this project and the high cut off grade only @ 10% confirm's this. Management are mitigating against start up risk with a number of redundancy built into the scale of project..First to identify right size concepts and grow into known markets...

Plenty of time to further drill out Lindi open in all direction's with high grade from surface while also holding an even potential bigger high grade licence just to the North west.It's not about size it's about mitigating against start up risk.

Imiri example brings attention to why high grade is king and having redundancy built in.



Management had this project available and could have drilled this one to build a case for high NPV projects...Why not....Supply demand did not warren the expense as high NPV also equals high start up capex...Funding not that easy and to have the best chance mitigate against up risk... 10% Cut off is huge statement....

Have done this one before but we have new investors joining our ranks and I know this from a strong T40 network word is building while management also regain the swagger.


But it's not just about grade as SRY also have high grade...The distribution of basket differentiates us to all peers. Currently running off old DFS 40% of revenue to come from super jumbo flake alone.

For any one doubting the size a magnitude of what Walkabout potentially have and reinforcing growing into known markets with certainty don't forget to get some research in on all peers to do a comparison..

Croc riding a bull