Thank you for your response, Spid81. I did read the same ASX...

Thank you for your response, Spid81. I did read the same ASX announcement as you did, and I stand by my initial assessment.

While it is true that the loan is conditional and subject to due diligence, this is a common practice in the industry, and it does not mean that the funding is not as certain as I alluded to. Walkabout Resources has already attracted notable investors like Gemcorp and secured other funding sources, demonstrating their credibility and progress toward the completion of the Lindi Jumbo Graphite Mine.

Furthermore, the interest rate being offered is in line with market standards, and the high-yield margin mentioned in the announcement suggests that it is a favorable rate for Walkabout Resources. The fact that the loan will be repaid from operating cash flow, which is expected to commence in June 2024, also indicates a high level of confidence in the project's potential profitability.

Overall, while there are always risks and uncertainties involved in any business venture, I believe that Walkabout Resources' recent announcement is a positive step towards the completion and profitability of the Lindi Jumbo Graphite Mine.