WKT

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11.3¢ walkabout resources ltd

Hope you have a good weekend Spid

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Bella66

1,348 Posts.

157

06/01/24

08:09

Post #: 71752734
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Originally posted by spid81: ↑

I cannot believe how desperate these HC posters are to keep pointing out the 48 cent valuation that WKT commissioned.

Stirer was spot on it is the type of marketing you would see at a penny dreadful and it has been a fantastic distraction from the elephant in the room that the processing facilities are not completed and the company hasn't commenced mining as detailed in the IIR report,

Instead of asking what has changed from December when the report was released to the 2nd of January when the company confirmed mining was delayed, they keep harping on the valuation of a company that needs everything to go right along with further investment to achieve the possible value.

I am amazed that they are not claiming the IIR report is false due to them advising the current graphite prices are down US$415 per tonne from WKT's DFS forecast, I recall making this claim many times before.

With the desperation of the pumpers and the confirmation, the prices are down and the plant is well behind its first production, its becoming clear that these HC posters understand they are so overinvested in WKT that they need to pump like mad on HC. If WKT sees any flake loss, starts selling wet graphite, or it takes years for the plant to achieve its 90% recovery/40,000 tpa output, there is a high chance the SP is going to go lower and shareholders will need to reach into there pockets to bail out the company again. These guys are trapped just like BMCG

BMCG was only able to sell 2 mill shares during December, We even had these same HC posters claiming they wouldn't exit the registry and we are making up their selling, Yet the T40 report shows they are departing, Does BMCG have no confidence in WKT to wait for first production and the apparent rerate these guys are all claiming. I highly doubt BMCG's US$9.3mil of backup funding will be available with the limited liquidity, you only need to look at the daily volume since the 2nd of December ASX announcements and the release of the over Hyped IIR report.

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Hope you have a good weekend Spid

WKT Price at posting: 14.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 11.3¢		Change -0.003(2.17%)		Mkt cap ! $75.51M

Open	High	Low	Value	Volume
11.0¢	11.3¢	11.0¢	$18.91K	171.6K

Buyers (Bids)

No.	Vol.	Price($)
4	786066	11.0¢

Sellers (Offers)

Price($)	Vol.	No.
11.5¢	113493	6

View Market Depth

No.	Vol.	Price($)
4	786066	0.110
3	417036	0.105
14	653624	0.100
2	120000	0.099
2	130001	0.098

Price($)	Vol.	No.
0.115	113493	6
0.120	670697	12
0.125	1494465	16
0.130	287943	5
0.135	408027	5

Last trade - 15.50pm 05/07/2024 (20 minute delay)

WKT (ASX) Chart

Hope you have a good weekend Spid

Fast-track assaying yields 182 g/t gold for iTech at new NT play

The Big Deal: Free-to-air TV swings the axe, but will it be enough as enormous sports deal bills loom?

Week 27 Wrap: "Election year" is here as UK Labour win contrasts France; Trump wins immunity & annual report season hushes ASX

Saturn’s stars have aligned for the gold explorer’s Apollo Project

Leo Lithium announces major divestment of flagship Goulamina project to Ganfeng

KGL sniffs 19% Cu from drilling at Rockface play in NT

Has uranium run out of steam? An update on nuclear markets & developments ahead in FY25

Tivan and EARTH AI gear up to commence fresh drilling at Sandover lead-silver project, NT

Climate change to drive market trends to the moon

Red Hill Minerals Signs $6.5 Million Agreement with Peel Mining to Explore Curnamona Project, NSW

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Buyers (Bids)

Sellers (Offers)

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Hope you have a good weekend Spid

Top Stories

Fast-track assaying yields 182 g/t gold for iTech at new NT play

The Big Deal: Free-to-air TV swings the axe, but will it be enough as enormous sports deal bills loom?

Week 27 Wrap: "Election year" is here as UK Labour win contrasts France; Trump wins immunity & annual report season hushes ASX

Saturn’s stars have aligned for the gold explorer’s Apollo Project

Leo Lithium announces major divestment of flagship Goulamina project to Ganfeng

KGL sniffs 19% Cu from drilling at Rockface play in NT

Has uranium run out of steam? An update on nuclear markets & developments ahead in FY25

Tivan and EARTH AI gear up to commence fresh drilling at Sandover lead-silver project, NT

Climate change to drive market trends to the moon

Red Hill Minerals Signs $6.5 Million Agreement with Peel Mining to Explore Curnamona Project, NSW

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News