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9.5¢ walkabout resources ltd

Ann: Annual Report to shareholders, page-199

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SpareCash7

2,671 Posts.

1008

10/10/24

12:13

Post #: 76062688
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Originally posted by Names little: ↑

Hi semi, I don’t really see where it’s being stored as being the bigger picture issue. The issue is more the low sales volumes to date, which is causing them to put it in storage. On 1/10 they advised their Sept sales orders and also advised these were significant increases on prior orders. They also advised their cumulative production. A simple estimate of in storage product from this information seems to have upset the tribal leaders.

But yes anything the govt can do to speed up bottlenecks and delays will assist clear any storage, but you do also need to increase orders, either that or stop producing as much if the amount in storage is seen as the biggger issue. Obviously producing without achieving sales in a timely manner will also have cash flow implications for the project.

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Your continual misinterpretation of the October 1st announcement Nameslittle is bemusing as much as it is amusing. Notification that the regular sales of larger volume orders have started, which was the purpose of announcement, is exactly what shareholders have been waiting for. HaHa regular not 2.

WKT Price at posting: 10.0¢ Sentiment: Hold Disclosure: Held
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