WKT 4.17% 11.5¢ walkabout resources ltd

Potential Upside of WKT - Expandable Graphite, page-4209

  1. 1,330 Posts.
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    Perhaps do try to keep up with the announcements.

    35c placement delusional - WRONG - refer to the bridge loan. Still very possible.
    Nothing has changed with regards to the project economics except day traders and nervous shareholders.

    Zero progress - WRONG

    BoD silence a Joke - WRONG - Absolutely necessary when dealing with multiple competitive bids.
    Go read the last quarterly - carefully ; )
    https://www.asx.com.au/asxpdf/20200130/pdf/44dmxf6qpwq1vd.pdf

    Your Conclusion - WRONG again - Funding Progress still ongoing.
    No parties have walked away and new parties have also entered discussions.

    Your assumption - WRONG - Funding process in progress

    Chances are slim of another Party succeeding - I would normally agree, - but your WRONG.
    Pareto will close out the funding in due course and it will drop without warning.
    (More a case of chances are slim for other Graphite hopefuls of achieving substantial debt finance.)

    Adopt the brace position to avoid whiplash - WRONG - will be a case of strapping in for the rerate when the funding drops and as we go into production for the 1st self imposed 40K TPA ; )

    ; )
 
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