You are becoming quite personal again, this isn't like you.
You were the one telling HC the other week that the insto CR was going to be called at 8 cents and no one was interested in taking part, now you are claiming someone is potentially accumulating shares. Sorry, this makes no sense whatsoever. TA is only one aspect of trading and these investors will look at the bigger picture before taking on any meaningful investment.
You might think the 2018 commentary has no relevance now, but the commentary was relevant to a retail SPP that arrived just after a QTR report was released. Add in the HC promoters only discuss the positives of downstream processing or expansion of capacity, both are extremely unlike when the company is still yet to iron out all of the issues with the processing facilities (still in commissioning and the plant is still under the control of the EPC contractor) they are also only focused on the positive aspects of Mike's tweets, a fortnight ago they were all hype about the number of trucks leaving site, but when I raised no tweets were showing any vehicle movement, it was all let's look over here or do you think Mike will tweet every truck. They don't appear willing to discuss the missed forecasts or why other alternative funding solutions (BMCG's US$9.3mil) expired 10 months early.
As Farmdownsouth pointed out the other week, WKT forecasted they would have the plant running at nameplate throughput by the end of this month (Company presentation 7th of June Page 22) now they only expect to reach 30%.
WKT Price at posting:
10.5¢ Sentiment: None Disclosure: Not Held
