WKT 0.00% 10.5¢ walkabout resources ltd

Ann: Development Progress - Lindi Jumbo Mine, page-91

  1. 16,060 Posts.
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    I cannot believe how much BS you spin,

    WKT bought a much smaller production facility to remain in line with the DFS forecast, The company also moved the power generation away from the EPC contract along with outsourcing its lab, offices, and accommodation onto BOOT agreements due to the CAPEX blowout,

    Simple minds only focus on the price, they obviously don't understand the bigger picture and are trying to con investors into thinking this has been savings due to locking in a contract from 3 years ago. If this were the case, WKT would be currently building the larger 1000-tonne-per-day production facility. Yet as we all know (and reported in the EPC contract) WKT has purchased and is building the 840-tonne-per-day facility.


 
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