WKT 2.33% 10.5¢ walkabout resources ltd

Gemcorp have security over the assets R08. So you believe...

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    Gemcorp have security over the assets R08. So you believe they’ve possibly debt funded an asset they think has a possibility of failing. That’s a great business plan. Where’s the DD in that. SYR problematic ore feed grades are well known, not just within the graphite industry but the investment world. SYR’s struggles was of no concern to Gemcorp. Unless of course you and Spid think Gemcorp are wanting to own a loss making stranded ‘asset’. What value do you put on a plant and it’s components that don’t produce nameplate capabilities R08. I’m sure theirs a huge market for second hand graphite parts located in Tanzania. HaHa.
 
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