WKT 0.00% 9.6¢ walkabout resources ltd

Ann: First graphite concentrate shipment from Lindi Jumbo mine, page-170

  1. 4,889 Posts.
    lightbulb Created with Sketch. 1094
    Yes @ HongKongPhooey - because it means that there will most likely be a loss incurred on this early production that must be funded.
    Which bit is hard to understand?
    The company is living on borrowed money is it not?
    And those cash/borrowing facilities reserves will be running down - will they not?
    So, calculating the rate of losses on commissioning is somewhat important - is it not?
    Producing more at large losses means faster depletion and thus brings forward the need for additional funding - does it not?
    DDD
 
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