WKT 5.71% 9.9¢ walkabout resources ltd

Spid, you’re trying to deceive everyone again! No one has...

  1. 502 Posts.
    lightbulb Created with Sketch. 175
    Spid, you’re trying to deceive everyone again!

    No one has forgotten about running the plant. They have a plant that will cost $27.9 million to build, they have already spent $3.6 million on construction.

    They will have $32 million from debt + equity...

    So $27.9 mil - $3.6 mil = $24.3 mil remaining spent on construction...

    $32 mil (from debt + equity) - $24.3 mil (remaining spend on plant) = USD$7.7 mil to run the plant... if we convert this to AUD it looks suspiciously close to the $9 mil you mention to run the plant. And as it mentioned in the debt funding announcement the $32 million is inclusive of working capital. So what we have here is you trying to deceive everyone here, despite a company announcement telling you otherwise.
 
watchlist Created with Sketch. Add WKT (ASX) to my watchlist
(20min delay)
Last
9.9¢
Change
-0.006(5.71%)
Mkt cap ! $66.45M
Open High Low Value Volume
10.5¢ 10.5¢ 9.9¢ $43.69K 430.6K

Buyers (Bids)

No. Vol. Price($)
1 6910 9.9¢
 

Sellers (Offers)

Price($) Vol. No.
10.5¢ 344929 4
View Market Depth
Last trade - 16.10pm 02/09/2024 (20 minute delay) ?
WKT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.