WKT 0.00% 9.8¢ walkabout resources ltd

Ann: Development Progress - Lindi Jumbo Mine, page-4698

  1. 16,221 Posts.
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    Croc,

    I am not talking about capital raising funds, I am talking about loans and the company's line to reach commercial production. You know that WKT claimed they were fully funded after securing CRDB's bank's US$20mil in funding, yet the loan was never drawn on due WKT failing to understand the bank's requirements. They also advised the mine would be completed within 9-12 months, Yet here we are 3 years later.

    I would start looking into Croc, we know how much you hate shareholder dilution.
    You might want to call those investors who were with you when you claimed management advised they were saving a few dollars on interest as the reason the loan hadn't been drawn on.
 
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