WKT 4.00% 9.6¢ walkabout resources ltd

Ann: Appendix 5B - Quarterly Cash Flow Report, page-2

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    @Names little

    Good morning Names,

    What are your thoughts on the QTR cashflow report?

    https://hotcopper.com.au/data/attachments/4340/4340462-d7e3043bd30dfb8f1a3c609c7b7c35e4.jpg

    As you can see, the QTR cashflow report detailed WKT's expected to have 6 weeks of funds available to continue the development of the Lindi Jumbo project, which would run out this week unless the CRDB bank provided its funding,

    The remaining funds WKT had would quickly be exhausted with the company needing to pay for the plant and equipment once it arrives in Tanzania.

    Do you think WKT will need to raise the funds from shareholders to continue the development if there is further delays with CRDB's funding, or do you think WKT will need to draw down on the USA investors remaining US$4mil they have available.

    I also wonder if the limited cash reserves is why WKT hasn't provided the drill results for Scotland? it has been 4-5 months since the drill campaign has been completed. or do you think the results showed no viable mineralisation and this is the reason why the results haven't been provided?
 
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