WKT 3.85% 12.5¢ walkabout resources ltd

Develop a mine for 10 million? The other graphite mine up the...

  1. 2,421 Posts.
    Develop a mine for 10 million? The other graphite mine up the road is looking for finance of 250 million to construct it's mine. Wkt is spending 500k the next quarter? This has a long way and many many cr's to go. Best chance it gets dragged along by its neighbour and the new addition of lithium and its every chance of doing well. But ATM it needs cash to keep edging forward and small cr's are the way to go in the hope the sp keeps climbing reducing the dilution every step. Cr's aren't bad they are the necessary evil of the spec explorer, recognised that, keep an eye on the cash on hand and you stand a better chance of staying on top. DYOR JMHO.
 
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