WKT 0.00% 12.0¢ walkabout resources ltd

I might be starting to think Spid has called one right. I too...

  1. 282 Posts.
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    I might be starting to think Spid has called one right. I too doubt the SLBC will be in place in 4 weeks time.

    Hopefully a bridging loan can be put together to pay current invoices and get some more containers onto ships again.

    But frankly I don't care if the suspension is extended - given the current market crash it is probably a good thing to be in suspension! If WKT was exposed to the sort of drops others have seen - BMCG would be rubbing their hands together ready to scoop up some ultra cheap shares when they see the SP starting to go back out again.
    *WHEN* WKT comes out of suspension there will be a huge amount of construction finished, off takes finalized, and maybe even commissioning of some of the previously installed equipment.

    The biggest negative is that the final equipment shipments are delayed. But the already dispatched and landed equipment at least can still be installed and commissioned. Nothing has been announced on a timeline impact yet - probably because nobody knows yet how long the final dispatches will be delayed.

    On the topic of the announcement - to today has been a very good news day. I will be going into the weekend in a good mood.
 
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