WKT 4.17% 9.2¢ walkabout resources ltd

Ann: Development Progress - Lindi Jumbo Mine, page-4403

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  1. 16,587 Posts.
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    Hi TK2006.

    Do you think requoting WKT's announcements on HC is impacting the pump crew's ability to find new investors?

    You only need to see how desperate Sparecash is with his hunting down of my posts.

    As you know WKT released a prospectus that detailed there were issues with Gemcorps loan, The bank of Tanzania was yet to register the Gemcorp loan, which was one of the conditions of the loan agreement, WKT clearly stated in the prospectus, this was a concern of the company that Gemcorp may refuse loan drawdowns.

    The same post also correctly claimed WKT failed to secure those all-important backup generators, they were meant to arrive in October 2023, yet they took many months to arrive on site.

    Anyway, just read Sunrocks post, claiming black gold is soon to be produced, The black gold might not even reach the desired specification, its opex might be higher than expected or the flake size not achieved. For some reason, the pump crew is not informing investors of the significant ramp-up of production. you only need to look back at Mike's tweets, 4 months of ramp up, followed by another 5 months to hit the DFS recoveries.
    This is a completely different story from the black gold being sold on HC.


    https://hotcopper.com.au/data/attachments/6127/6127526-14a41fb5ba11c067d54a0eb79860b42c.jpg

    @Natos it would be nice if you returned to HC to give your insight.


 
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