WKT 4.76% 11.0¢ walkabout resources ltd

Ann: Expiry of BMCG funding facility, page-331

  1. 15,981 Posts.
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    Croc the outcrops are not even with the mining license, good luck with mining them.

    You guys are all pumping like mad to try to get investors to buy BMCG's shares, IMO BMCG knew how much risk was involved with the project and decided it would walk away now rather than have WKT draw down on any additional funds over the next year,

    Mike has clearly stated it will take 4 months to hit the nameplate production rate, plus an additional 5 months to reach the output of 40ktpa.

    The false information is flowing fast and the BS is being spread wide. The WKT bulls are selling dreams of the plant capacity has growing by 50% from the reported figures Mike and WKT have released and the expected mine feed is 60% higher than the 3 year mine plan, Talk about false and misleading information.

    @walkersrun - 19kt x 17.9% TGC = 3401 tonnes of contained graphite x $1515 DFS forecast = $5.15 Mil.

    I am sure you can work out that BS of the stockpile being 40% TGC is pure fantasy when the contained graphite in the stockpile at the DFS sale prices are significantly higher than the US$2-3mil that you quoted.

    Nothing like being overinvested in a stock that you need to mislead people on HC. Great work Pump Crew.


 
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