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9.6¢ walkabout resources ltd

Ann: Quarterly Cashflow Report, page-172

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pusskat

240 Posts.

199

07/11/19

13:05

Post #: 41297209
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Originally posted by mosco5: ↑

Yes, Pareto misses out on commissions if bond issue is unsuccessful, although I would assume set fees for managing placement are non-recoverable. They would have also raked in some juicy consulting fees over last few months.

The fact that holders here aren't willing to do the most cursory research on their investments should be a worry. My own view, which I've stated before, is that I'm entirely comfortable with funding being sought from the risky end of town. WKT is, as you say, a risky project. Assuming project fundamentals stack up, risk is on the investors; their problem not ours. I had originally expected mgmt to try the route of the African bond market, a la Mozambi. Any European jurisdiction is a significant step up from there imo.

You'll forgive my overt 'down ramping'. Maybe if I carve WKT into my forehead with a fork I'll be accepted as one of your own.

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@mosco5 Every project has associated costs and risks .... it's about managing them of which we have every confidence in the board to do so.
Speaking of costs ... who do i invoice the shovel too !!!!

WKT Price at posting: 30.0¢ Sentiment: Buy Disclosure: Held
13 Upvote

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(20min delay)
Last 9.6¢		Change 0.000(0.00%)		Mkt cap ! $64.44M

Open	High	Low	Value	Volume
9.6¢	9.6¢	9.6¢	$29.50K	307.3K

Buyers (Bids)

No.	Vol.	Price($)
3	112936	9.6¢

Sellers (Offers)

Price($)	Vol.	No.
9.8¢	125300	2

View Market Depth

No.	Vol.	Price($)
3	112936	0.096
1	50000	0.095
1	50000	0.094
2	58543	0.093
2	18924	0.092

Price($)	Vol.	No.
0.098	125300	2
0.100	231162	2
0.105	225598	3
0.110	220258	5
0.115	250000	3

Last trade - 15.35pm 09/09/2024 (20 minute delay)

WKT (ASX) Chart