WKT 1.04% 9.7¢ walkabout resources ltd

Ann: Trading Halt, page-57

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  1. 16,474 Posts.
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    Hi Croc,

    WKT is already fully funded with BMCG's funding, the deals with TNR and Jinpeng and the shareholder loan.

    I have long said WKT at US$10mil WKT won't have the funds required to complete the mine and get the company into commercial production, they need working capital along with the other backup funding to protect the company and the accounts from running dry again.

    I don't know why you keep making reference to other company's DFS forecasts, Why isn't WKT detailing the prices Wogan clients are willing to pay?
    Also EV1 has completed significant testwork of their ore body, unlike WKT who hasn't completed a bulk sample of their predominant feedstock.

    I keep on saying it. there is a high chance WKT will see the same fate as SYR who lost all of their coarse flakes. I cannot wait to see what WKT can produce if this mine ever makes it to commercial production.


 
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