WKT 0.00% 10.0¢ walkabout resources ltd

Ann: Investor Presentation, page-13

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  1. 16,487 Posts.
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    Morning Names,

    did you notice Wogan has reduced its working capital facility to WKT?

    The original ASX announcement detailed the facility was up to US$8mil. Which would be enough to cover an 5280k shipment based on the DFS forecast basket price

    https://hotcopper.com.au/data/attachments/5434/5434286-7eca0a56a8403caec30adcf2baf98913.jpg

    The recent presentations detail this has reduced down to US$3.2mil = 2112 tonnes based on the DFS basket prices


    https://hotcopper.com.au/data/attachments/5434/5434298-d222170b51b40574352011cf4d72d9a6.jpg


    This is a significant reduction in the working capital facility for WKT to use.
 
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