WKT 0.00% 9.5¢ walkabout resources ltd

Ann: Proposed issue of securities - WKT, page-41

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  1. 16,670 Posts.
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    Hi Sparecash,

    Thank you for confirming WKT hasn't provided any test results from the so-called bulk sampling of the Fresh Mineralisation WKT has completed.

    Are you willing to admit this morning you were misleading investors when you claimed the 800kg sample results existed?

    How have you concluded WKT will not see the same fate as SYR where they lost all of their coarse flake graphite when the commercial facility was commissioned, you have now admitted it "isn’t available to you or the general public".

    Thank you for all your assistance in backing up my claims there are no results available to shareholders from the bulk samples of the fresh mineralisation, it's a little alarming don't you think when this host material makes up 95-97% of the feed WKT intends to mine over the life of the mine, then we also have WKT change the mine plan over the first 3 years to focus on mining only the surface mineralisaiton.

    One really has to wonder why WKT didn't send 200t of the 19,000-tonne stockpile WKT has had sitting around at the mine site to another operating mine to further derisk the project. it might have assisted WKT in securing a more favorable loan term from Gemcorp. 19-21% interest rates say it all. The risk is high.


 
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