WKT 4.35% 12.0¢ walkabout resources ltd

I do love the WKT HC page,Yesterday it was 95% of investors...

  1. 15,688 Posts.
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    I do love the WKT HC page,

    Yesterday it was 95% of investors would buy WKT, these investors are no longer considered investors and we are making up excuses as to why they didn't buy WKT, apparently, they need more time, and there might be restrictions on buying shares in Australia, the list of excuses go on.

    Yet no one can explain why the share price didn't run like the WKT bulls all claimed would happen leading up to the first production which apparently has already occurred.

    You only need to look at the presentation slide to see WKT's forecast to see when the first sales are expected, Target CY24 Q2

    https://hotcopper.com.au/data/attachments/6194/6194172-790c70c1783757664f11cd16d6478915.jpg
    WKT forecast this would occur around the start of Jan 2024.



    https://hotcopper.com.au/data/attachments/6194/6194174-a0e591ac187dd2cc3c4e5c0d81f5456b.jpg


    Anyway, WKT has claimed numerous times they are fully funded until production, Which according to the company has now been achieved. with no sales expected until maybe next month, interest due on the credit card loan and Sparecash7 is still looking through the 250 page document to find out the terms and conditions of Gemcorps US$5mil incremental backup facility, one has to wonder why BMCG's US$9.3mil of funding has gone missing,

    It is amazing the bank balances are this low, no one is asking why the funds through BMCG that WKT paid to have available for the additional 12 months have been removed from the QTR cashflow reports.......


 
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Last
12.0¢
Change
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Mkt cap ! $80.55M
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12.0¢ 12.0¢ 11.5¢ $20.27K 176.0K

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4 71650 11.5¢
 

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Price($) Vol. No.
12.0¢ 154906 5
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Last trade - 16.10pm 14/06/2024 (20 minute delay) ?
Last
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