WKT 2.33% 10.5¢ walkabout resources ltd

Ann: Voluntary Suspension Extension Request, page-371

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    Hi Hedged, given the reason they are in suspension is in regards to the line of credit then the update was very light on in that regard as you say.

    Your comments re line of credit amount being same as loan amount are interesting, perhaps the Tanzanian bank is willing to provide the funds but wants someone else to take on the risk as you suggest.

    Curious that some holders don't want more info on what the line of credit covers and what the cost will be.

    Anyways hope they resolve it all soon, though likely serious given they are remaining in suspension, not something they would take lightly.

    Hope it all works out for holders and Tanzanian contractors/employees.

 
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