WKT 0.00% 10.0¢ walkabout resources ltd

Potential Upside of WKT - Expandable Graphite, page-1364

  1. 8,423 Posts.
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    Hi Vooose have not been able to stop laughing...Your an ex banker “right...”

    Quote:Why go over there and compare projects? Why even compare companies? One Company has a funding arrangement and one does not. For all intents and purposes, GPX has a credible pathway to production, a producer-to-be - while WKT, without funding, is an overpriced explorer.

    According to “Master Banker” GPX is funded and as of today went back to the market and raised 2.5/ million dollars so the DFS can be completed...I suppose then they will make a decision on whether to do an expensive BFS as per Castlelake requirement and then add in the conditional terms...

    Our Master Banker goes onto Quote other projects having completed a DFS Boa in place but fails to acknowledge the difficulties facing Vanilla markets while also ignoring the robustness of our project against all other peers...Lowest capital intensity per ton mined with low startup capex...What readers require is substance in the post and unfortunately Vooose appears to lack this intensity...

    Vanilla markets lack funding opportunities and as Vooose would like to say matters are becoming desperate...

    Croc “Riding a Wild Bull...”
    Last edited by Croc-file: 16/07/19
 
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