WKT 0.00% 11.0¢ walkabout resources ltd

Don't worry about WKT having to raise $28.5 million with $6...

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    Don't worry about WKT having to raise $28.5 million with $6 million coming from options in the money in December , start worrying about KNL having to raise $90 million for a much larger expensive plant that can produce 60,000 ton of ????? product , where are you going to get the other $50 million from? a cashew nut tree? see below analyst , only $4o million from KFW and the rest from where ?

    The key potential financier is the German KfW IPEX-Bank, which could potentially provide up to US$40 million in debt funding; part of this will also involve securing an Untied Loan Guarantee from the Federal Government of Germany - the Company has received “inprincipal eligibility for cover” for up to US$40 million.
 
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
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