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9.5¢ walkabout resources ltd

Ann: Becoming a substantial holder, page-672

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MrGraphite2

6,299 Posts.

1046

14/08/21

14:18

Post #: 55287728
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Originally posted by 96Blitz: ↑

Hi spid. These kind words on the 12th of August (2 days ago) from Alan Mulligan might help you with understanding the circumstances behind WKT/Lindi's Offtake partners and when those commitments will be made.

***Graphite prices have climbed steadily in the last 12 months and the approach of new Tanzanian President Samia Suluhu Hassan in welcoming foreign capital.***

***As we get momentum in construction we are getting approaches from companies around the world about supply,” Mulligan said. “Most potential customers have said they would talk to us when we were closer to production. In doing that, they understand they will have to pay us on more favourable conditions.” The situation is similar in capital markets. “There are a lot of serious investment funds waiting to see success,” Mulligan said. “They are waiting to see that and are prepared to pay more when they do.”***

As always, DYOR.

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Hi Blitz,

Those loosely worded news article should be used only as packaging paper. Best to stick to the stringent requirements set out by the ASX when researching. As always DYOR and IMHO.

Buyers Beware. NLN.

WKT Price at posting: 25.0¢ Sentiment: Sell Disclosure: Not Held
1 Upvote

0 Great analysis

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