WKT 4.00% 12.0¢ walkabout resources ltd

So we have the very low capex cost of 29.7 mill. TB thinks it...

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    So we have the very low capex cost of 29.7 mill. TB thinks it can get down to 25mill.
    We have the silk road funding. 1.9 mill deposit for approx 9.75 mill to go towards sourcing equipment from china. This gets paid back to the chinese government on a deferred basis.

    Jinpeng paid 1m US back in oct/nov for shares at 7.1c. The silk road funding is going to jinpeng. The shares are currently sitting at 14c and likely to reach 21c quite easily once ML is ann. They kind of paid for the Silk Road deposit.

    Pure speculation but you would think with who Jinpeng are and the services they provide, that they will provide all that is needed to get the mine up and running, and WKT would pay them back?

    Lending 15-20M in total, to WKT, against 2-3mill in funds in the form of Equity. Keeping in mind that they will/already have the 9.75 M that we will/are paying back to the China Govt.

    Hopefully meaning we can conserve whats left in the current kitty for Ireland and Namibia exploration.

    Anyway, just thinking out loud.

    PS. Please excuse past/current tense errors as I go back and forwards between the ML not being granted yet and already being granted.
 
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