WKT 4.55% 11.5¢ walkabout resources ltd

Ann: Lindi Jumbo Graphite Project Funding Update, page-1822

  1. 4,648 Posts.
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    Rossi I appreciate your sentiments but I don't have a dog in this fight.
    I owned stock more than 28 months ago, sold and lost money.
    I did not wager more than I could afford to lose.
    I did not commit suicide.
    If others follow the pump and hype on here and subsequently lose money, then it won't be on my conscience.
    There are too many aspect of the WKT narrative that simply don't stack up.
    My posts are essentially a warning against overinvestment in a dubious project/company that is fast running out of money.
    The bankers have NOT provided debt finance.
    Equity for the project does not exist.
    A capital raising is inescapable if you want WKT to keep the lights on.
    As I have observed elsewhere, the asset - if it does have merit - will be stolen or shareholders will be dudded.
    Call me cynical if you must, but my views were formed in the furnace of the stock market.
    Beware of anyone bearing gifts!!!!
    DDD
    Last edited by doubledeckerdog: 03/03/21
 
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