semi, the chinese syndicate has literally done a bankable feasibilty study as part of the very long winded due diligence. they are comparing notes on theirs vs graphex pfs. JV agreements are getting ticked off as we speak and perused by financier.... mining licence approved.
they will be in operation in very close to 12 months.
they sold 42% in the end for approx $20-$23m AUD (due to TZ govt taking the 16%, so chinese only bought 42%)...WKT sold 10% for approx $1.25m AUD..... yet to see 20% input towards alleged 80% finance, and 30% to pay off the remaining cost of ground acquisition.
i wont even go into the business partners they have.... i just wanted to say WKT aren't miles ahead for first mine.... not argue gpx v wkt.
Ann: Walkabout Welcomes Cornerstone Investor, page-72
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add WKT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
11.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $73.83M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.5¢ | 11.0¢ | $4.298K | 38.64K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 203451 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 230858 | 4 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| WKT (ASX) Chart |