WKT 0.00% 10.5¢ walkabout resources ltd

Ann: Half Yearly Report and Accounts, page-32

  1. 1,642 Posts.
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    Wrong Names Little.

    Spiddles was, and continues to suggest that a CR is required over and above current funding options.

    This is even after management clearly stated that they did not expect that the BMCG facility would be required.

    To summarise, situation is this:

    1) +$6m cash in bank
    2) + $3m Gemcorp facility available
    3) Wogen cash $3.2m to assist on cash flow

    If management requires more, (they already started that not expected) they then have 3 further potential options.
    1) $5m Gemcorp facility
    2) BMCG
    3) potential Tanzania bank

    No idea why this is so difficult for some like Spid to grasp?
 
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