WKT 4.55% 11.5¢ walkabout resources ltd

Latest release, page-64

  1. 4,663 Posts.
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    Unfortunately, life is not a party and there is a heap of sadness, despair and hopelessness in the world.
    There are also a lot of people pumping up the hype and excitement trying to enthuse everyone other person in the room that everything is great.
    Political leaders are front and centre on this delusion.
    Pollies, real estate agents and travel agents are all selling dreams to mugs.
    Some company directors also fit the description.
    Test everything you are told and measure it for accuracy.
    WKT has been spewing optimistic stuff for years and they still have not got the funding in the bank.
    They are still making out like its imminent - as they have done for at least two years.
    I am not as sad and negative, nor bitter and twisted as you may believe.
    I consider myself a realist and you can take that how you like.
    The fanfare over the loan deal was in my opinion a pure market pump and the smarties sold into it.
    The price is now below thee cap raise price.
    It is there for a reason....
    You work it out.
    Until the funding is complete and they are actually producing and selling and getting paid for a profit - its all just a blue sky story.
    Good luck - but I am still not convinced and I get really annoyed to see the money directors pay themselves for doing the bleedingly obvious.
    Very few can or o add material value - and most a just members of the good old boys club.
    If you choose to underwrite their lifestyle, then that is your choice.
    It is not mine.
    Seeya.
    DDD
    Last edited by doubledeckerdog: 07/06/21
 
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