WKT 0.00% 10.5¢ walkabout resources ltd

"The only Red Flag I can see being wavered here are by Non...

  1. 16,038 Posts.
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    "The only Red Flag I can see being wavered here are by Non Holder Antagonists who have been here for an eternity 5+ years delivering their own degree and style of Motivated Agended Sarcastic Crap"

    Hi Red,

    I love your attacks on the non-holders, Let quickly review the WKT investment over the past 5 years.

    In 2019 WKT has 270 mil shares on issue, today WKT has 671mil shares.

    You have seen more than a doubling of the shares on issues and the SP has fallen by ~70%, (69.12%)
    The production facilities are still undergoing commissioning and have a US$22-25mil credit card loan, the mine is yet to prove it is profitable and the company has advised they require a minimum injection of US$2mil and is paying the EPC contractors final payment in shares.

    I would say the Non holders over the past 5 years have been correct that this has been a bad investment, if anyone followed the promoters you would have suffered a significant financial loss and been significantly diluted. we all know this will impact any future earnings with more dilution expected soon.




    https://hotcopper.com.au/data/attachments/6340/6340544-467db00d619a3e0b4896b14040acdbb5.jpg

 
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