WKT 2.22% 11.5¢ walkabout resources ltd

I just watched Mikes interview again and the last questions...

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    I just watched Mikes interview again and the last questions about getting to being cash positive was interesting. Mike says they expect to be cash positive fairly quickly given the great profit margins.
    They are expecting to be at nameplate capacity over the next few months and improved recoveries by the end of the year.
    They have proven that customers want their products (Mikes words) and they are achieving close to the DFS basket prices from Europe.
    They also have $5m usd of undrawn funds from Gemcorp and have begun shipments through Wogen giving them access to their working capital 80% payments upfront.

    Anyone who thinks a credit raise is coming is just scaremongering
 
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