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4.76%

11.0¢ walkabout resources ltd

Hi @Croc-file, remember when you were trying to mislead readers...

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Wilma85

7,943 Posts.

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31/07/22

15:24

Post #: 62838492
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Originally posted by Wilma85: ↑

Hi Croc-file, no guessing required. The company is currently in a lengthy suspension due to its cash position and uncertainty of funding. The SBLC is just a condition precedent of the CRBD loan, this has been known since last year, and yet no suspension was required until WKT's cash reserves started dwindling.

As for VAT credit, no one is privy to that information (including yourself) except for the company. New mining projects in Tanzania are typically eligible for VAT relief, meaning VAT is not be payable on eligible imports for up to 10 years, so whatever VAT credit is due may be nominal. Again, we don't know what VAT credit is due, but if the company was in a position of financial certainty it would not currently be in suspension.

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Hi @Croc-file, remember when you were trying to mislead readers about VAT credits? Well, as I said, whatever VAT credit WKT is due may be nominal. Looks like I was correct.

The below is an excerpt from the March quarterly.

Last edited by Wilma85: 31/07/22

WKT Price at posting: 21.5¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 11.0¢		Change 0.005(4.76%)		Mkt cap ! $73.83M

Open	High	Low	Value	Volume
11.0¢	11.0¢	11.0¢	$11.01K	100.1K

Buyers (Bids)

No.	Vol.	Price($)
13	527550	10.5¢

Sellers (Offers)

Price($)	Vol.	No.
11.0¢	262627	8

View Market Depth

No.	Vol.	Price($)
13	527550	0.105
10	627424	0.100
3	140000	0.099
1	130000	0.098
2	160000	0.095

Price($)	Vol.	No.
0.110	262627	8
0.115	58690	2
0.120	610817	8
0.125	485166	9
0.130	344736	7

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