WKT 2.33% 10.5¢ walkabout resources ltd

Ann: Wet Commissioning Advances as Ore Feeds Through Concentrator, page-102

  1. 919 Posts.
    lightbulb Created with Sketch. 165
    Back on here for the second time in as many weeks.
    Actually unignored 6 crew just to see what impact this ANN had on their opinion and surprise, surprise. No surprise.......
    I think Venge may have a point but the story is still a win IMO.
    Sure, we MAY need some more cash in the future, but the fact of the matter is we are only in the hole for 20 mill atm, with another 5 mill option.
    Even if we were to loan another 10 mill on top of the 25 that takes us to 35.
    How many mines start up with only 35 mill in debt? As well as having some pretty impressive projected profit figures in a growing market.
    48% of the shares available are owned by the T40 (and no doubt there are smarter crew than me invested) and we all seem very positive.
    I know this as I have attended nearly every AGM.
    Debt funding is actually a positive when WKT starts making money.
    We are very close to IMO a stellar rerate.
    Please feel free to carry on down ramping, but unless you can actually prove, not just voice an opinion, that all of us have been fooled, the pictures of mine site and equipment is all false and over 2000 shareholders have been scammed, I would suggest giving it a rest.

    It is really becoming quite pathetic.


 
watchlist Created with Sketch. Add WKT (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.