I like the optimism here but you will remember that WKT said it had $665k at the start of the quarter and expected to spend $540k in the quarter: http://www.asx.com.au/asxpdf/20160429/pdf/436wdj9mp883mh.pdf
There is, as you will be aware, only 2 weeks left in the relevant quarter.
The remaining $115k in this calculation is, in my view, unlikely to be enough to fund the exploration and furtherance of three individual projects on top of administration fees for the next quarter - and on top of that, presumably WKT cannot pay its directors and staff in shares forever.
Best of luck on interpreting the word "shareraising" in favourable ways, but I don't think these liberal interpretations will accord with reality.
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Price($) | Vol. | No. |
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