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4.17% 9.2¢ walkabout resources ltd

Ann: Scotland Project Aquisition Terms Amended, page-23

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  1. Donvan
    456 Posts.
    lightbulb Created with Sketch. 59
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    04/10/18
    23:51
    Post #: 36004289
    I expect it will be something in the order of $6-7m raised at 11-12c

    As far as i'm aware our cornerstone investor was providing 70% of intial capex through deferred funding, that leaves approx 11m AUD for WKT to contribute.

    Ideally its only a fraction of the above and we can secure some pre-payments such as CXO with their lithium project.

    Any other thoughts?

    I'd be happy stumping up cash for a rights issue at current prices with an attaching 1-4 option at say 25 cents with June 2020 expiry.
    WKT Price at posting: 14.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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