WKT
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0.00% 9.9¢ walkabout resources ltd

Ann: Prospectus, page-18

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  1. spid81
    16,514 Posts.
    lightbulb Created with Sketch. 6998
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    07/12/23
    09:24
    Post #: 71317918
    Hi Sirrobbo,

    Yes the mine is large, how did the company get the time line to construct the mine so wrong?
    We are getting very close to 24 months of construction for a project that was claimed to be 7-9 months.

    Based on the DFS forecast, WKT is losing US~$4mil per month in lost free cash.

    we all know WKT has had funding issues, but it appears these dramas could still be present. BTW, why hasnt the conveyor belt been installed, Mike advised this is required prior to the first circuit being commissioned.

    WKT Price at posting: 14.5¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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