WKT 1.01% 10.0¢ walkabout resources ltd

Ann: Lithium Exploration Expanded in Namibia, page-272

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  1. 2,826 Posts.
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    Thanks Xindongzuitaohau for your refreshing insights. My knee-jerk reaction is to vote NO to Patterson's 15.5 million options (at 15 cents to expire in 2019, from memory). However, WKT will need funds to run its drilling program and maintain its debt-free position. The directors argue that this is just part of their recent credit raisings, and that the funds will be used for good purpose. We all dislike Pattersons, but once they do what they always do with their windfalls, the share price will recover and WKT will be in a better position to get on with its exploration. Let's not cut off our nose to spite ourselves.
 
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