WKT 4.35% 11.0¢ walkabout resources ltd

Hi stirer.extending the payment terms is the same thing as...

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    Hi stirer.

    extending the payment terms is the same thing as providing a line a line of credit.

    why did WKT need to provide the announcement 2-3 weeks after the shipment occurred?

    was it to pump the SP, or was the new information which warranted an announcement related to the deferred payment/line of credit that was provided by Jinpeng?

    any reasonable person would assume WKT wouldnt need deferred payment terms when they have $2.4 mil in their accounts, unless WKT are aware the alternative funding will be a while off and they require the cash to cover corporate costs.
 
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