WKT 2.17% 11.3¢ walkabout resources ltd

Flushed with cash., page-16

  1. 2,139 Posts.
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    It’s been great to see you not post about BMCG’s standby facility and the US$10mil that will never be triggered Spid81. Hopefully you will bring it up again so I can once again point out how ‘flushed with cash’ WKT is with their AU$28mil warchest available to complete Lindi’s construction and see them through to production. This puts Lindi Jumbo in a great position with basically all mine components now on site with Jinpeng accounts payed once containers are unloaded at port. Payments for Jinpeng engineers and construction workers already costed into original plant construction leaving only wages for WKT and Lindi staff to be accounted for. Not seeing where the next major drawdown will happen personally with only half of Gemcorp’s US$20mil drawn upon this leaves WKT ‘flushed with cash’ all the way through to sales. Bring on the graphite supply crunch.
 
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