WKT 0.00% 9.8¢ walkabout resources ltd

@love_islanderSure, let's break these down one by one:"The...

  1. 249 Posts.
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    @love_islander

    Sure, let's break these down one by one:

    "The Company’s objective of maximising the debt component of the project fund-raising has resulted in a detailed due-diligence process of providing higher levels of certainty and confidence to debt funding parties."

    The definition of a nothing statement.

    "Funding Activities The Company has now completed a period of detailed assessment as to engaging with alternative global debt and equity providers to fund the development of the Lindi Jumbo Graphite Project. This process has concluded with the decision to engage with a renowned international Investment Bank to procure the predominantly debt-based portion of the funding requirement.

    It's taken them since 2016 to make to a decision on where to make a loan application...wow.

    This robust process is ongoing and will conclude when all legal, commercial and technical assessments, independent reviews and marketing processes have been finalised.""Due diligence reviews already underway, with execution of finance agreements scheduled as soon as practical"

    They are waiting to see if their loan application will be approved.

    So toss a coin if it gets accepted - but imminent....lol.

 
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