Potential Upside of WKT - Expandable Graphite, page-1850

I mean that's not what the post says, it says:

No bank, private debt institution,or financier will ever consider any funding on the modified offtakes (MOU's) taunted by the many projects today.

I know people have posted in earlier topics that WKT BOD and management team have spruiked the need for these offtake agreements to progress funding and many people take this as gospel.

But let's walk engage a quick through experiment:

• What if WKT never released those BOA's which juiced the SP
• What if the share price was at its historical average of .08/.11c
• What if the BOD hadn't engaged in dilutive raisings (300M shares on issue)

If these things hadn't happened you would be left with a Company with say 100M shares on issues at .10c per/share...a market cap of $7M....

Everyone just assumes this funding is signed, sealed and delivered - but another week just went by.....and those BOa's were signed in April.

Someone mentioned GPX above, they have 100M SOI, a share price of .19c and a market cap of 19M - but more importantly, a pathway to production.