WKT 2.04% 9.6¢ walkabout resources ltd

Ann: Development Progress - Lindi Jumbo Mine, page-7060

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  1. 16,577 Posts.
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    "they demand details like ship names and the number of trucks operating daily—information that is rarely disclosed by similar companies"

    Hi GGTrader, we are not talking about similar companies, we are talking about WKT who has a history of providing this information to its shareholders.

    You might think knowing the ship's name is important, but WKT has a history of being clever with its wording in its ASX announcements and its marketing tweets or publications. You only need to read Mike's tweet regarding 4 trucks leaving, @sirrobbo has assumed this means that 4 trucks are now leaving the site daily.

    I am with @doubledeckerdog We have lots of photos of blue things and trucks, yet we don't have any photos of containers being loaded onto ships.

    I can provide plenty of tweets or ASX announcements which show photos from the docks in Tanzania showing the deliveries from China. Yet we don't have any showing the maiden container leaving the site. Something doesn't smell right to me.

    If you look back to @semi retired 's post He was provided the name of the first shipment headed to Tanzania (Dato Success), this information was disclosed, yet the maiden shipment carrying WKT's first shipment hasn't been provided to the same investors. One could assume the graphite concentrate is still sitting at the port.





    "having a director who is both personally invested and keeps stakeholders engaged with updates on Twitter"

    I would have thought it would be in his financial interest to try to keep the SP as high as possible and it might explain why he spends so much time tweeting to his followers, can you name any other ASX listed company where a director's family holds 5% of the company and the director tweets daily?

    The only other company I can think of where a similar action occurred was at Versarien, Yet that didn't turn out well for shareholders of investors who bought into the hype. By memory, they had a $500mil MC its down to $2mil GBP.
    @Croc-file do you remember the person who posted my posting history on Versarien on the UK forum?

 
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