WKT 0.00% 9.5¢ walkabout resources ltd

You‘ve got it in one Names little, but that’s the market for...

  1. 2,588 Posts.
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    You‘ve got it in one Names little, but that’s the market for you. There are no guarantees that a good resource is developed into a profitabel mine or is going to be developed at all. As we know it doesn’t only take a management team with mine building experience to do so, it also takes funding.

    Has this WKT team actually got the experience required? Correct me if I’m wrong, but isn’t that part actually going to be contracted out? Maybe this “management hands off approach“ is one of the problems among others potential funder don‘t like and so may shy away. This in the end this could be already reflected in the current SP, but as we know transitioning from junior explorer to miner is the most risky part and that’s where companies more likely fail. However WKT is asking loan note takers to take that risk.
 
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