WKT 0.00% 9.8¢ walkabout resources ltd

Ann: Quarterly Activities Report, page-621

  1. 266 Posts.
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    I'm so confused how all of this is such a negative...

    Yes it is not ideal how it has played out.

    But after the capital raising, the mine will be 100% fully funded by equity with no debt? That is my eyes in invaluable - especially given the difficulties out there currently for funding.

    WKT has a headstart on all other competitors by miles, and this should body well short to medium term.

    Having a nil debt fully constructed mine allows flexibility of shutting it down and putting it on maintenance if its not viable or continuing to make profit when profit is there. - this is without the extent of having a bank holding you over a barrel.

    I completely agree its not ideal, but I dont think it has changed anything to the company besides dilution. And overall there profit to be made here dilution or not.

    Your generic posts and doomsday comments just show your lack of knowledge or fear mungerling which is childish at best.

    Please tell me your pick of investments/stock for the next 6 months for return?... whilst this mine is being completed and let compare.
 
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