WKT 0.00% 9.5¢ walkabout resources ltd

Moderated, page-41

  1. 16,671 Posts.
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    Hi Croc,

    Is there any reason you are avoiding helping me out with this?

    I honestly cannot understand why the T6 who provided WKT with a $5mil loan in 2019 and $8.75mil in options were not willing to invest these funds ($13.75mil) in the company now they have been offered US$20 mil from a Tanzania bank. I know one of the T6 shareholders didn't even buy one share after the Tanzania funding announcement.

    Instead, WKT are looking at what I would consider lower-tier broker to raise the funds,
    As you would say, this is a massive red flag.

    What happened to the investors who were going to pay a premium for the equity US$12mil?
 
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