WKT 2.27% 10.8¢ walkabout resources ltd

Rocky I feel you are being optimistic with $1 by Christmas (but...

  1. 282 Posts.
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    Rocky I feel you are being optimistic with $1 by Christmas (but I'd love it if you are right!)

    IMO 50c by Christmas is more likely, $1 by end of June assuming Lindi has started processing pay dirt into salable product.

    WKT has pulled a cent a week for the last two weeks - including some end of day/end of week share price manipulation with dodgy small sales to make the SP look suppressed. If that rate keeps up (with a few good news weeks) then 50c is achievable.

    We haven't had any good news weeks since announcing the successful of raising of each of the 3 trances - and since then there has been some suppression going on so the SP just hasn't got a move on.

    Be patient - this is a long term play that has finally got its engine running and is just warming up.
 
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