WKT 0.00% 9.8¢ walkabout resources ltd

Potential Upside of WKT - Expandable Graphite, page-709

  1. 249 Posts.
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    SYR never entered into early contracted pricing- in fact, they made a point not to.

    So if I understand you correctly, you're now telling me they do have a pricing mechanism based on fractional pricing around a spot price which has been agreed upon in the term sheets.

    If a spot price has been agreed upon you will have your funding agreement.

    I am very familiar with fractional pricing and in certain industries, it forms a key part of commercial lending terms....only I haven't read anything about that in the announcements, care to elaborate?

    On your first and unrelated point,I have a friend who is a finance professor and data scientist - his thesis was a meta-study on the accuracy of the financial profession and through his work he estimated that the average broking professional would buy into less than 5% of the companies who saw a +100% FY SP gain.

    My point is, I am not a financial professional and I miss out on probably 99.5% of the companies who post significant gains - it's expected that I would miss out on most serious action, most of the time.


 
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