WKT 0.00% 12.5¢ walkabout resources ltd

Ann: Chairman's Address to Shareholders, page-3

  1. 2,108 Posts.
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    Confirmation that talks with potential off take partners is current and ongoing, first solid statement for a long time stating this, nice to see. IMO these are what the other samples sent OS have been for.

    DFS feb 2017 will be transformational. There is obviously interest in the product and I would guess more than just one or two parties as I would find it unlikely if only one or two were sniffing around one of the best deposits in the world right now. Off take partners want all information at hand before jumping in which is only now coming to hand with more to come as stated. WKT sounds like they are also working of having all the construction and time till production information ready to feed to potential off take partners either before or at the time of the DFS to complete the picture. This now complete picture will be transformational as it will allow the potential partners to decide in or out which will be the kick start or death of WKT graphite play.

    As this will not be forthcoming until Feb 2017 I see the SP sliding a bit more after the consolidation before news of an off take late Feb/March 2017 (guessing here) as until such an Ann the negative narrative will not be quashed even if the DFS is positive, which I have not good reason to believe it won't be.

    Interesting months ahead for this little company.
 
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