WKT 1.01% 10.0¢ walkabout resources ltd

Ann: Update on Funding Activities & Graphite Market Conditions, page-169

  1. 2,790 Posts.
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    @stevo, what are you actually doing here?

    The market has spoken for BSM and doesnt rate it. Produce all you want at your proxy grades, maybe in time you will get to a market cap of 50m, should not be too difficult - A handful of pips, with your 2.76billion shares on issue.

    this is not WKT's fault.

    .008 at MC of $22-23m
    3 5MT at 4.5%
    5.1MT at 4.1%

    6000 tonnes per annum.

    there is nothing compelling about BSM other than that they are producing(i loosely use that term as it appears to be at a significant loss currently). The market knows this and that's why BSM is where it is. If I am missing something please advise.

    To clarify, WKT has not been seeking finance for years. The DD period has been in play for no more than 6 months and almost complete with no untoward findings.. you might be getting confused with another graphite hopeful who has been seeking finance for roughly 4 years.

    With respect to WKT, what aside from finance are you questioning? the grade? Flake distribution? Offtakes? What is your concern or reason for being here? If it is simply to make more people aware of BSM? I assure you, we are already aware but most people dont see it as a coy to throw their hard earned into.

    if you are going to argue a point, at least know what it is.

 
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