WKT 0.00% 9.6¢ walkabout resources ltd

Ann: First graphite concentrate shipment from Lindi Jumbo mine, page-38

  1. 16,378 Posts.
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    You struggle to understand Gemcorps loan, the free cash margins are for 3 years (2 years remain), even if the loan is paid out the term of the 30% free cash flow still stands.

    You seem to get confused between the free cash flow over the 3 year term and the 20-50% free cash sweeps on WKTs bank accounts when they have above US$5mil, this relates to the loan being repaid as soon as possible.

    3 hours of trading and still only 55k shares traded, you can tell these promoters dont even believe this project will be successful.
 
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