"you perceive will and won’t contribute to the hypothetical placement"
Hi Dutcheastindies, What other options do you think are possible for "a future injection of a minimum of US$2m to Lindi Jumbo to bolster project cashflows" other than a placement?
I am sure HC readers would love to know there are other alternatives. Do you think we will see BMCG offer a 3 round of convertible equity?
@Sunrock has asked numerous times why the SP hasn't increased, @sirrobbo suggested the SP would be 75 cents by now, Yet the SP is now trading below WKT's last CR at 11 cents.
We did have an investor advise they sold 1 mil shares for tax loss, (or something along those lines) It could have also been selling up shares to take part in a possible CR where they would be able to buy back their shares cheaper.
WKT Price at posting:
10.5¢ Sentiment: None Disclosure: Not Held