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9.5¢ walkabout resources ltd

Thanks sparecash7 so in the blink of an eye spid81 has mis...

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Croc-file

8,689 Posts.

7194

05/05/24

12:00

Post #: 73670494
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Originally posted by SpareCash7: ↑

I do recall Croc that Spid originally acknowledged he didn’t understand the DRS in relation to Gemcorp’s $US$20mil as he argued only US$400k was left from this facility once construction was complete. We all now know WKT recently drew down US$3.5mil and the balance of that loan due to buffers incorporating which he also admitted he didn’t understand. This US$3.5mil was transferred by Gemcorp to WKT in the midst of Spid and Farners ongoing claims WKT is in breach. Time is our side this time and each day and week that passes with no communication from WKT tells the real story and not the fabricated one.

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Thanks sparecash7 so in the blink of an eye spid81 has mis calculated US$3.5 million plus negative $5 million dollars as no debt service cover is required…

From the end of March funds available for working capital below…

Regards Croc (Cash sweeps will be a regular occurrence imo once two Quarters of production has occurred…)

Last edited by Croc-file: 05/05/24

WKT Price at posting: 12.5¢ Sentiment: Buy Disclosure: Held
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