WKT 0.00% 9.5¢ walkabout resources ltd

Ann: Annual Report to shareholders, page-148

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  1. 18,151 Posts.
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    Hi Stirer , that’s interesting , you think it’s to boost future cash flows by expanding production. I could probably see this point of view if they were currently selling all they currently produce, but it seems a bit premature at this stage to me with them still ramping up to planned capacity and sales below current production, though obviously you have a different opinion. To me it reads more like a short term injection of $2m to ensure project has sufficient cash.
 
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