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9.5¢ walkabout resources ltd

Ann: Results of Meeting, page-5

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semi retired

9,001 Posts.

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30/11/22

08:13

Post #: 65062111
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Originally posted by spid81 ↑

Hi Croc,

If ever I thought that you guys were wearing rose coloured glasses, the results from the AGM is confirmation.
It is really disappointing to see how deluded WKT shareholders are, I am not sure how you could possibly support the directors who have now offered two capital raisings at 40-50% discounts to the last traded SP, offered shareholders significant dilution, possible administration and a 6 month holiday from trading and the company confirmed they are at least 6 months away from starting commissioning once they secure the additional funds to finish the project.

It looks like late 2023 WKT will start commissioning the production facilities (provided it relists and secures full funding)

Wasn't this nearly 12-18 months later than the company expected?

I am fairly certain WKT only thought the build would take 7-9 months, not 2+ years.

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Hay Spid , Take it like a man , You bought the wrong stock, EGR is stuffed just like your friends at the ASX , the run around they gave WKT from the 4th October is disgraceful , WKT have a great future , 12 months pay back will give free cash for downstream processing and the Armani gold mine , re listing dance will be this week..

WKT Price at posting: 17.3¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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