WKT 0.00% 12.5¢ walkabout resources ltd

Really is an intriguing set of circumstances at WKT. Very strong...

  1. R08
    7,697 Posts.
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    Really is an intriguing set of circumstances at WKT. Very strong wording in the Ann - “execution of senior debt financing facility”…

    Will the terms be at a high Mezzanine percentage rate and will they consolidate repayments into a deferred timeframe? Will it be script for cash? Does the deal reduce WKT’s margins further…

    A little strange to issue “free” shares to the tune of $1.2mAUD to a CN holder for standby funding if they weren’t going to be required ? It’s free script for nothing and does not make any sense at all if an alternate deal was imminently on the table.

    Let’s see what tomorrow brings. Champagne OR a convoluted agreement that still raises question marks ?
 
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