WKT 0.00% 9.5¢ walkabout resources ltd

Here's Michael Elliott, page-20

  1. 18,204 Posts.
    lightbulb Created with Sketch. 1331
    Hi Swift, re "doubt management would fast track major pieces of mining equipment to have them sit in boxes and not be able to pay for them. (funding will come) "

    That's an interesting point, if there are in fact boxes of custom made to order equipment sitting around waiting for payment, then does anyone know when payment is due and how is this going to be paid for if finance is delayed or worse case doesn't arrive? Company already has short term loans that are supposed to be repaid from options conversions (assuming they stay in the money!)

    The due date is quite important as company must be in a position to pay its debts/creditors as and when they fall due.

    All in my humble opinion as always.
 
watchlist Created with Sketch. Add WKT (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.