WKT 3.85% 12.5¢ walkabout resources ltd

Many things to consider and the short answer to the impossible...

  1. 2,108 Posts.
    lightbulb Created with Sketch. 462
    Many things to consider and the short answer to the impossible question is I don’t know.

    Consider the following

    Capital raise as part of final funding to be announced. This is a major de risking event and allows advancement of the project.
    This will unlock the next steps of which there are many.
    Still to come but not limited to is
    meeting conditions precedent one of which is the current raise plus proof of contracts...paperwork.
    Post drawdown we have meeting conditions subsequent, we have not been informed of the time line for this. Meeting theses conditions particularly the off takes gets easier imo when you have secured funds for construction and contracts are in place for construction with cash in hand.
    There is fabrication of short lead time equipment and long lead time equipment has already been fabricated.
    Construction mobilisation
    Site preparations
    Shipping of equipment
    Construction, commissioning
    First production and sale of final product
    All this is anticipated to take a relatively short time. Realistically I would expect longer than anticipated as COVID is a bitch and disruptive in many ways.

    Many milestone moments ahead post funding each de-risking the project and each will drive the SP to various degrees.



 
watchlist Created with Sketch. Add WKT (ASX) to my watchlist
(20min delay)
Last
12.5¢
Change
-0.005(3.85%)
Mkt cap ! $83.90M
Open High Low Value Volume
13.0¢ 13.0¢ 12.5¢ $10.71K 83.23K

Buyers (Bids)

No. Vol. Price($)
5 69810 12.5¢
 

Sellers (Offers)

Price($) Vol. No.
13.0¢ 43105 2
View Market Depth
Last trade - 15.58pm 03/05/2024 (20 minute delay) ?
Last
12.5¢
  Change
-0.005 ( 3.85 %)
Open High Low Volume
12.8¢ 12.8¢ 12.5¢ 8651
Last updated 15.24pm 03/05/2024 ?
WKT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.