Hi Murtm, WKT shareholders ought to be frustrated and they should be demanding answers and action from Allan Mulligan.
In the past 12 months there have been two price sensitive announcements that weren't quarterly reports and one of those was the announcement of the acquisition of the Amani Hard Rock gold project (a project which isn't even in gold country). That is a pathetic effort by any standard. The company has whittled away shareholder funds and created no value for you whatsoever.
Rusted on bagholders with too much pride to admit that they got this investment wrong will likely stay the course to the next CR and beyond, but hopefully no new investors unaware of the poor performance get sucked into investing in this lifestyle company.
Mike Elliott has questionable Twitter habits but he has aligned his interests with shareholders' and he has certainly put his money where his mouth is. The same certainly can't be said for Allan Mulligan. If Mike Elliott really is as good as everyone says he is perhaps it's time to put him in charge, move Allan Mulligan on, and move on from the Lindi Jumbo Graphite Project. At a minimum Allan Mulligan has to go, he has achieved nothing during his tenure with the company.
Will Allan Mulligan deliver project funding or will he come hat in hand to Top 40 shareholders seeking more money to keep himself employed? You don't need two guesses to find out which I think it will be.
Orange crayons. LIFE CHANGING INVESTMENT. NLN
The ramping here isn't even creative anymore. It's just the same repetitive nonsense.
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Mkt cap ! $73.83M |
Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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No. | Vol. | Price($) |
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10 | 397849 | 0.105 |
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1 | 6000 | 0.099 |
1 | 5210 | 0.096 |
Price($) | Vol. | No. |
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0.115 | 154229 | 4 |
0.120 | 42000 | 2 |
0.125 | 126160 | 3 |
0.130 | 349596 | 6 |
0.135 | 178618 | 4 |
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