WKT 0.00% 9.5¢ walkabout resources ltd

Potential Upside of WKT - Expandable Graphite, page-3812

  1. 3,278 Posts.
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    Barrack will earn bugger all from the mine. They will have to write down the 1.2 billion investment a significant amount. Barrack are just happy they are mining. Barrack are luck to walk away with 25% of the profit. That's going to scare the living bejuses out of funders. Tanzania is making all the money, mining companies make bugger all. Wkt big cash margin will just get swallowed up by tananzia, making the project marginal, hence finance is a struggle.

    I cant believe you are cheering for the tananzian govt. I would have thought you are on the miners side. Wow blitz
 
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