WKT 4.35% 12.0¢ walkabout resources ltd

Ann: Launch of Proposed Senior Secured US$40m Loan Note Issue, page-265

  1. 5,617 Posts.
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    Apparently if I repost this from earlier in the day minus some names it's considered A OK.

    Can someone please explain the why the constant attach on WKT's NPV. It's always been quite clear that Managements intentions were to start a low capex project and grow into known markets. NPV's are no longer relevant. Just ask the shareholders @ SYR, TON or MNS just to name a few.

    Everyone knows WKT'S strategy to full funding and it's very very clear it has worked. WKT has only drilled out a small portion of their Tanzanian tennaments for Christ sake. They didn't even feel the need to include favourable open ended drill results recorded south of our planned pit resource. Last to First in Tanzania. You work out which strategy was best and how important a large NPV is in this current economical climate.

    Does anyone on here seriously think those in line to purchase WKT'S Bond notes are comparing what they read on HC to the Extensive Due Diligence Report produced by Pareto. Those notes could all be accounted for as we speak so give it a rest boys, unless your egos are that great you think you're above the system. Just a little longer and all WKT holders will be enjoying a very happy Festive Season. IMO. NLN.
 
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