WKT 4.00% 12.0¢ walkabout resources ltd

Ann: Quarterly Appendix 5B Cash Flow Report, page-65

  1. 15,599 Posts.
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    Hi Sparecash.

    Yes WKT expected first production in Q1, thank you for highlighting that in your image above, the latest marketing suggested this wouldn't occur until the end of Q2.

    With trench one fully exhausted U$20mil with limited funds in the accounts I can see why you and the pump crew are busy trying to down play a CR.

    You know full well WKT has $1.5mil interest bill per QTR due to the credit card interest rates, Jinpeng needs to be paid their$1mil once the plant operates for 48 hours, then we have corporate, staff costs, mining costs and operating the plant.

    Previously you claimed WKT was flushed with cash, yet US$9.3mil is no longer available.
    you also claimed The Tanzania funding was secured, yet WKT announced they are still in negotiations.

    when will you stop deceiving HC investors and be open about the dire situation WKT is in?


 
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