WKT walkabout resources ltd

Ann: Lindi Jumbo Project Update, page-700

  1. 16,776 Posts.
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    Hi Pippen,

    It really surprises me that many of the WKT bulls only post on WKT and ADO. You talk about "They are here with an ulterior motive" might be right.

    I am very surprised you suggest the Bulls (including yourself) are calling everything correctly, yet the nonholders continue to prove the information they have been providing is a correct assessment of WKT situation.

    Did you ever think WKT would end up suspended from the ASX and on the brink of insolvency, I really hope the cash balance is significantly higher than the March QTR forecast - i.e the company only had 6 weeks of funds remaining - It forecast it would run out of funds during May and they required the Tanzania bank funds. I am sure it was @Names little who pointed out the QTR report had no loan facility at the time.

    While you are here, Do you think it was wise of WKT management to drill black craig, which cost around $1.2mil to only return 2m of mineralisation above 2%.


    Last edited by spid81: 25/07/22
 
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