Share price is disappointing - but plenty reasons growth has...

Share price is disappointing - but plenty reasons growth has been delayed.

- 6 months of fund raising has emptied the pockets for those currently interested in investing in a pre production mining company
- Some who bought cheap are taking short term profit instead of holding and waiting
- Potential for BMCG to be selling some of its early placement shares to turn them to cash they can use in other projects. They are not allowed to "dump" shares but have the ability to buy and sell shares at an agreed rate (commercially confidential I believe). They will make most their money by holding the price low then letting go for a large re-rate event and using the period they kept the price lower to calculate their share price and then slowly sell again at the re-rate price. With such low volumes currently it is easy to let shares go slowly and keep the price down until there is some new event that causes interest to peak and demand (finally) drives a rerate.
- Instos that weren't able to get a big enough slice to bother keeping WKT in their portfolio are cleaning out their holdings (and taking a little profit).

Yeah us holders are getting jumpy over the price not accelerating, but it isn't for a lack of a good product, its just too soon still from the major amount of funding raising for demand to out strip supply and the price to climb like we are waiting for.

Patience