WKT 1.02% 9.7¢ walkabout resources ltd

Ann: Development Progress - Lindi Jumbo Mine, page-7179

  1. 3,910 Posts.
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    The only rumours circulating are through HC. The market is waiting for an announcement. If each month there is announcement we are only getting what happened last month anyway and the new month has already made progress. The market is still getting out dated information which isn’t going to help investors at this early start up stage. I would rather the SP stay stagnant for 3-4months and then we get the announcement we have all been waiting for then getting updates every month which could be seen as negative by the market because they haven’t done as well as some have anticipated.
    The start up process has always been intended to be focused on quality to begin with and then ramp up while maintaining that quality. It’s not lineal and they would have had some set backs, which is normal but not necessary to inform the market and better to not show any doubts to potential customers or investors.
    Sure I would like to see an update every month too but I think management are taking the best path for investors.
 
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