WKT 0.00% 9.6¢ walkabout resources ltd

Ann: Launch of Proposed Senior Secured US$40m Loan Note Issue, page-196

  1. 3,042 Posts.
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    No need for your disingenuous sorrow @semi retired. I'll agree, there's isn't much squabbling in this echo chamber dominated by the top 40 shareholder cartel. I'm curious how all you big holders are going to convert your shares into cash though. There just aren't enough "mum and dad" investors out there silly enough to buy you guys out. All the mum and dad investors who are thinking of buying WKT shares should be very wary as the share price is being propped up by hype. What sort of high interest finance deal is on the horizon (if any)? As previously posted, the Chinese equipment proposed for the plant is cheap and will cause all sorts of head aches (breakdowns). As previously posted the thin steeply dipping nature of the high grade lenses will be diluted during blasting (mixed up with low grade and waste) - it's a big risk and I'm sure even a non bank lender is going to have concerns.
 
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