WKT

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9.7¢ walkabout resources ltd

Your opinion doesn't really matter does it Spid? you're not a...

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Gammat

1,642 Posts.

505

26/05/23

13:58

Post #: 67982229
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Originally posted by spid81: ↑

Hi Gammat,

I answered your question on the other stock, there is nothing wrong with my interpretation on stocks.

I do lock in profits when I see significant returns (EGR) and buy over long durations for stocks I like, I have advised you of this on the other stock previously as I knew the former CEO has a significant shareholding and was selling down his holding. you need to make an informed investment based on all data, if he wasn't selling I would have bought over a shorter duration as the upside would have been significantly higher, due to his constant selling I changed my buying approach to buy over a longer duration. If you have read my posts on that company you will see they have been very accurate and what I have posted has been achieved by the company.

I know you don't like my comments on WKT, I have no real issues with what you think or the other who post here everyday.

You only need to read WKT's announcements and see things are not going as they expected, they thought draw down would have occurred in early May, yet we find out today the DD has only just been completed and this supporting information will be provided to the board to make a determination if they will fund WKT or what risk they will apply for the loan. With "Rapid construction" occurring, plant arriving from China and the significant costs associated with construction, corporate ect, I will be surprised if Gemcorps funding will arrive before WKT needs funds from either BMCG or another round of Bridging Loan funding.

Honesty, I cannot believe WKT has got their timelines so wrong, We have gone from funding arriving in Early May to now an unknown time of when/if funding will arrive. Although DD has been completed, we don't know if there is any legal or or financial issues that have been found during the DD period.
I would have thought the FCI and the Framework agreement would be required before Gemcorp funds WKT, I guess we will see in the near future if this is or isn't an issue.

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Your opinion doesn't really matter does it Spid? you're not a shareholder

Isn't that what you told someone just yesterday?

WKT Price at posting: 9.7¢ Sentiment: Hold Disclosure: Not Held
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(20min delay)
Last 9.7¢		Change 0.001(1.04%)		Mkt cap ! $65.11M

Open	High	Low	Value	Volume
10.0¢	10.0¢	9.7¢	$2.278K	23.17K

Buyers (Bids)

No.	Vol.	Price($)
1	17728	9.7¢

Sellers (Offers)

Price($)	Vol.	No.
10.0¢	48276	2

View Market Depth

No.	Vol.	Price($)
3	115903	0.096
6	192685	0.095
1	100000	0.094
1	8543	0.093
1	8000	0.092

Price($)	Vol.	No.
0.100	48276	2
0.105	61460	3
0.110	509999	7
0.115	467312	8
0.120	477177	4

Last trade - 14.41pm 04/10/2024 (20 minute delay)

WKT (ASX) Chart

Your opinion doesn't really matter does it Spid? you're not a...

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

BCI reaches close of funding facility for salt-first part of Mardie project

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Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Buxton projects new graphite province discovery at WA Narryer play

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

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Buyers (Bids)

Sellers (Offers)

Featured News

Your opinion doesn't really matter does it Spid? you're not a...

Top Stories

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

BCI reaches close of funding facility for salt-first part of Mardie project

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Buxton projects new graphite province discovery at WA Narryer play

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News