Ann: Development Progress - Lindi Jumbo Mine, page-7801

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doubledeckerdog

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03/10/24

15:08

Post #: 75963923
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Originally posted by spid81: ↑

Hi GGTrader,

Wow amazing commentary, "I feel that if things were as dire as you suggest at Lindi Jumbo, they wouldn’t be focusing so much on housing staff, hiring more people, and ensuring safe transport."

The Credit Card loans are all but maxed, the sales have failed to live upto the rampers expectations, We have a 800 tonne order that may or may not be shipped and the QTR report you hope to see in 28 days will only show WKT having a cash balance of $197k.

It won't show if the Trade Payables have signficantly increased,

What figures are you expecting to see in 28 days?

Sales, Opex or confirmation the loan has or has not been fully drawn.

BTW, it has been more than 48 hours since the annual report was released, this is the only restriction on when directors can buy, are you expecting the directors to now buy on market to show confidence in the Lindi Jumbo project? At least if they buy some shares on market, the directors who have no shares can take part in any capital raising/.

BTW, why do you think WKT owns the bus that transports its workers to the site, Is it because WKT has placed a sticker on the side?
Housing staff - are you talking about the one guy who was making bricks on site, Maybe we need Mike to tweet out an image to show he is still making brick and confirm how many he has made over the past few weeks.

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Hi @spid81,
You have described a train wreck.
The next report should be a complete revelation to the ramp brigade.
But fear not - the commentary will be like the knight in the Monty Python skit.
Come on fight me - even though I have no arms or legs!!!
Go on you coward!!!!!
It should provide more entertainment for us as the rampers try and get a bit more lipstick on the pig.
It does make you wonder doesn't it?
DDD

WKT Price at posting: 10.0¢ Sentiment: None Disclosure: Not Held
6 Upvote

0 Great analysis

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