WKT 4.76% 10.0¢ walkabout resources ltd

Ann: Lindi Jumbo Graphite Project Funding Update, page-3

  1. 16,262 Posts.
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    Well it seems pretty clear that Lindi won't be funded by the Nordic bonds,

    Its also interesting the company is now looking for additional exploration licenses. This doesn't sound like a company who is confident about securing funding for their flagship project,

    IMO you don't blow money on additional explorations licenses, you spend the money on your main project.

    "As a result, the Company has identified a number of longer-term exploration opportunities and is currently moving to secure these licences, at very low cost. Walkabout has always maintained a diversified exploration portfolio driven by our in-house regional technical capabilities continuing to assess and rank opportunities as they arise."
 
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