WKT 2.08% 9.8¢ walkabout resources ltd

Ann: Development Progress - Lindi Jumbo Mine, page-4509

  1. 16,379 Posts.
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    Hi Sparecash,

    WKT only has US$2.7mil not US$3.5mil.

    one has to wonder where the US$5.6mil in working capital has gone or the full US$4.4mil used to repay interim funding, as you would know part of these funds were a director and shareholder loan and TNR, I believe the rest was paying back WKT works that they had already paid for.

    instead of asking Why WKTs cash balance is so dire, you continue to attack the man.

    Maybe ask yourself, We have Jinpeng to pay, interest directors fees, corporate, ect. How are we going to cover operating the plant when it is handed over in the next few weeks when commissioning is complete. US$2.7mil isnt going to go very far will it?


 
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