Yes it is entertaining, one minute he is selling this on WKT.
"I'm suggesting that qualified individuals who are invested and knowledgeable should provide the community with pertinent information instead of a torrent of meaningless chatter"
Followed by.
"Upon initial analysis, it appears the current market valuation is being artificially inflated ahead of an impending capital raise. Yet, my concern arises from signs suggesting the company may be nearing insolvency. I sincerely hope this isn't a final attempt before potential closure."
I look forward to discussing WKT's financial needs tomorrow, I can only assume he considers himself qualified and knowledgeable after his comments on MRC.
Would you like to set the agenda,
Interest payments on Gemcorps US$20mi and US$2mil. The likely period for WKT to have its samples tested after the ship departs Tanzania, plus the 30-40 days freight. WKT plans to raise US$4 mil if the Tanzania banks don't come to the party. the US$2mil WKT mentioned in the 2nd of July announcement, What would be best for shareholders drawing down the additional US$3mil from Gemcorp or raising these funds on market? The impact of WKT's financial viability if they are unable to achieve the 49% recovery of jumbos and if the TGC grade is under forecast 97% purity. What purity were WKT's customers expecting if they have only achieved up to 95% on some runs, yet the tweets suggested the purity was expected to be 97%
Anyway I am sure you can come up with a few more. It will be great to get some real honest stock discussion rather than these day dreams of expansion of capacity or down stream processing when the mine is yet to be handed over and no one knows if he plant will perform as the DFS forecast or be profitable at 40k tpa.
WKT Price at posting:
11.5¢ Sentiment: None Disclosure: Not Held
(20min delay)