WKT 4.76% 10.0¢ walkabout resources ltd

Ann: Half Yearly Report and Accounts, page-8

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  1. 16,450 Posts.
    lightbulb Created with Sketch. 6970
    Oh dear,

    So we found out today that Spid was right again about the amount WKT had drawn on Gemcorps Trench one loan facilities and WKT is on the hut for more equity, confirmation once again my calculations were correct with WKT looking for US$4mil in funding from Tanzania banks.

    Yet you all claimed WKT didn't need BMCG's facilities due to Gemcorps loans being adequate. It's amazing how you guys continue to get things wrong,

    Let's hope WKT has more luck this time round with securing funding and they don't need to do another heavy discounted CR to top up the bank accounts.

    Keep on pumping guys. WKT needs more funds and they have detail their requirements already, we haven't even hit the dramas of commissioning, sales qualification and securing offtakes.

 
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