How funny, WKT has signed a term sheet and needs US$20mil to complete the project and provide working capital, I do recall arguments with @96Blitz where I advised WKT needs US$40mil to build the processing facility and provide working capital, but he called me a liar, yet again WKT own announcements have confirmed my assessment was correct.
It proves Croc and Co were incorrect with their assessment that WKT only needed US$2.5mil. if you use the higher amount WKT needs, they are only out by a factor of 10.
This should create enough interest for BMCG to sell more of their 10 mil free shares. It looks like we will have to wait a bit longer to see if WKT can turn this term sheet into a binding agreement, all other term sheets have failed.
How funny, WKT has signed a term sheet and needs US$20mil to...
-
- There are more pages in this discussion • 438 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add WKT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
10.5¢ |
Change
0.005(5.00%) |
Mkt cap ! $70.48M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.5¢ | 9.9¢ | $47.97K | 474.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 170000 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 200813 | 4 |
View Market Depth
| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| WKT (ASX) Chart |