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9.5¢ walkabout resources ltd

Ann: Half Yearly Report and Accounts, page-38

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SpareCash7

2,657 Posts.

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15/03/24

20:36

Post #: 72914180
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Originally posted by Names little: ↑

Hi Gammat, that's interesting, I thought Spid posted that he hoped they wouldn't need to rely on a capital raising due to the last one being at a heavy discount and still poor takeup, perhaps better to utilize the BMCG facility than do another heavily discounted raising.

If so, you seem to be in agreement with him in preference not to do a CR but to utilise BMCG facility if required after other options utilized first?

On your 6 million cash figure, I believe Spids makes a good point, most of this isn't available to the project as the Gemcorp deal requires a minimum cash balance to be held

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Names little you are starting to replicate Spid by cherry picking your data. Todays half yearly confirmed Gemcorp’s first principle payment isn’t due until thee we end of September. How is it you choose to ignore any possible revenues between now and then. WKT also confirmed today their graphite will attract premium pricing. Premium prices on 6 months production according to you and Spid accounts for nothing.

WKT Price at posting: 11.0¢ Sentiment: Hold Disclosure: Held
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