WKT 4.00% 9.6¢ walkabout resources ltd

Ann: Results of Meeting, page-3

  1. 16,314 Posts.
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    Hi Croc,

    If ever I thought that you guys were wearing rose coloured glasses, the results from the AGM is confirmation.
    It is really disappointing to see how deluded WKT shareholders are, I am not sure how you could possibly support the directors who have now offered two capital raisings at 40-50% discounts to the last traded SP, offered shareholders significant dilution, possible administration and a 6 month holiday from trading and the company confirmed they are at least 6 months away from starting commissioning once they secure the additional funds to finish the project.

    It looks like late 2023 WKT will start commissioning the production facilities (provided it relists and secures full funding)

    Wasn't this nearly 12-18 months later than the company expected?

    I am fairly certain WKT only thought the build would take 7-9 months, not 2+ years.






 
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