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9.8¢ walkabout resources ltd

Ann: Development Progress - Lindi Jumbo Mine, page-1539

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Charter1

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03/01/24

13:12

Post #: 71708494
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Originally posted by spid81: ↑

Stirer,

The discount hasn't been applied due to the construction being almost completed, the discount has been applied due to the risk of commissioning and the company having a high chance of failing to achieve its forecasts.

But I am sure you know this.

As I keep on saying, there is no point applying the possible expansion to the SP, if the project fails to live up to the DFS forecast, the project won't be viable.

Here is a question for you. Ask yourself, why did WKT put out this hype-based research report now, why wouldn't they wait until the end of commissioning to give investors a good indication of where the SP is based on all the known outcomes? They could then announce the expansion of capacity that is based on all known real-life scenarios which wouldn't be ramping.

IMO the IIR being released now screams something is wrong. Let's hope there are no issues with the Gemcorp facility and WKT doesn't need to tap into BMCG's funds or need another CR from shareholders.

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You must be hating that WKT can put out forward looking statements again. Is the worry setting in for you? Gladens me to see you reaching for a down ramp.

WKT Price at posting: 14.0¢ Sentiment: Buy Disclosure: Held
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Last 9.8¢		Change 0.002(2.08%)		Mkt cap ! $65.78M

Open	High	Low	Value	Volume
9.7¢	9.8¢	9.6¢	$20.14K	207.7K

Buyers (Bids)

No.	Vol.	Price($)
4	116198	9.6¢

Sellers (Offers)

Price($)	Vol.	No.
9.8¢	50000	1

View Market Depth

No.	Vol.	Price($)
4	116198	0.096
4	139250	0.095
2	57400	0.094
2	58543	0.093
2	18924	0.092

Price($)	Vol.	No.
0.098	50000	1
0.099	40300	1
0.100	33728	1
0.105	75598	2
0.110	192833	4

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