Patersons price target GPX 60c, later $1.35/share, page-132

Reiners. Croc has been waffling about funding for over three years but can not explain why they have not got any..... They even hired a so called guru that would quickly raise the money.... He knocked back full funding at 18% saying he can do better.... This was disclosed at a forum held in Sydney..... Benson was asked about what the interest rate was to borrow the 30 mill ... reply 18% but he could do better..... ... You know the history about doing better in the eyes of WKT.... 800% dilution and growing + a complicated finance arrangement.....
Crocs so called intelligent thinking is describing the BoD as doing a great job and is full of praise.... That is why there was a revolt against the BoD as they did so many CR ........ You here CROC and others blame Pattersons for the shonky CR..... How is it their fault when the BoD of WKT signed all the paper work to approve it.... Just shows the poor level of thinking some WKT posters have... The new Guru on the board .... First thing he did yep, like the chairman diluted S/H investment ....... he also diluted our profit by hiring a company to sell the graphite ... a further 10% loss of income...
You will know by now CROC will never reply to a question directly let alone answer it... His reply is always not related to the question.... After failing for over 3 years to get finance for a world class mine with outstanding margins you have to ask how is that possible...