WKT 1.01% 9.8¢ walkabout resources ltd

Ann: Development Progress - Lindi Jumbo Mine, page-7380

  1. 16,283 Posts.
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    Hi Ggtrader

    Spoken like a director or politician.

    As you would know, WKT DFS had the camp and accommodation covered in the Capex, yet due to blowing the budget Wkt was forced to hire the accommodation (this has a cost associated with its hire)

    no doubt WKT is saving a few dollars with building their own bricks to build the permanent accommodation buildings. Bur the Time frame unknown. Along with the quality of the bricks. We have you all claiming the lindi project is world class, but it seems to be a case of the cheapest quality.

    Lets hope the image above isnt a reflection of a days production of bricks, or it could be some time before WKT has manufactured enough bricks to build the accommodation buildings.

    If WKT was doing this for the benefits of the locals, Why hasn't WKT issues the 5% ownership to the locals as required under Tanzanian law?


 
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