WKT 0.00% 11.0¢ walkabout resources ltd

Ann: Lindi Jumbo Project Update, page-6

  1. 15,771 Posts.
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    Hi GL,

    The announcement confirms what the non holders have been saying,

    "The timing of the issue of Lindi Jumbo B class shares to the government is yet to be agreed but is not required before either construction or production. "

    Interesting WKT has required to enter into a BOOT agreement for the following items.
    0 Offices
    o Accommodation
    o Dining & Canteen
    o Water purification & sewage plants
    o Medical o Training Centre
    o Change rooms


    These Items were all included in the companies CAPEX, has WKT exceeded the CAPEX of the project where they have now required to enter into a Hire purchase arrangement to keep on the project on budget?
 
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