WKT walkabout resources ltd

Ann: Lindi Jumbo gears up for first graphite concentrate export, page-298

  1. 16,776 Posts.
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    Hi GGTrader,

    The QTR report will not have any new information on the operation of the mine, the only unknown information is the 5b (QTR cashflow report).

    The bank balance should look healthy, WKT just drew down US$2mil out of the possible US$5mil backup funding and they have advised they intend to make other drawdowns in July and August.

    You mentioned earlier "let's focus on what we know about the future" I would have thought the company advising they intend to raise a minimum of US$2mil would be right up your alley, yet you don't want to focus on this part of WKT's future. Is this due to WKT's history of capital raises?



 
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