WKT 4.76% 10.0¢ walkabout resources ltd

Ann: Development Progress - Lindi Jumbo Mine, page-4163

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  1. 2,461 Posts.
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    It’s in Gemcorp’s best interests that Lindi Jumbo reaches nameplate capacity as soon as possible @Stirer. They’re skimming of profits will be very lucrative once DFS expectations are realised. With the 40kt achieved at the expected US$1200 free cash margins only a fool would question Gemcorp’s US$5mil tranche 2 drawdown. WKT has already demonstrated their ability to now source business type funding on the back of a fully build and functional mine. Those that haven’t followed the Lindi Jumbo story may be tricked into believing Spid’s rhetoric but the educated know what’s just about to unfold. With WKT now using terms like ‘exciting times’ and ‘where the magic happens’ they certainly aren’t backing down from their expectations of this magnificent project. The pumpers Spid, Farmer and ddd know it and appear very nervous.
 
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