WKT 4.76% 10.0¢ walkabout resources ltd

Ann: Development Progress - Lindi Jumbo Mine, page-3968

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  1. 16,449 Posts.
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    Hi Sparecash,

    Yes WKT keeps making statements that they will secure funding or start production and never seem meet their forecasts.

    It will be interesting to read the March QTR report due later in the month to see how WKT will fill the funding gap of the US$4 mil facility they stated would arrive during March.

    With the interest bills stacking up at $500k per month and no production, it will be interesting to see how long WKT can survive without another cash injection. Will BMCG be required or will it come down to shareholders?
 
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