WKT 8.93% 30.5¢ walkabout resources ltd

Just to circumvent some of the back and forth, I'm going back to...

  1. 627 Posts.
    lightbulb Created with Sketch. 75
    Just to circumvent some of the back and forth, I'm going back to your first post. This particular query was addressed some time ago in the shareholder engagement meetings. In their pursuit of finance, they found themselves in a chicken and egg situation where they need production to lock in the floor prices, but need finance to get to production. It was of more value to secure these BOA's to open more doors for lending, which has what has occurred. I think there is a tweet from Mike on the floor pricing and it's flexibility.

    As WKT have announced (most recent announcement I think), these BOA's have led to financing discussions which are in the process of being finalised (one way or another). The BOA's have served their purpose in getting to advanced finance discussions at this stage; the opinion on whether or not there's a worthy floor price is somewhat moot.
 
watchlist Created with Sketch. Add WKT (ASX) to my watchlist
(20min delay)
Last
30.5¢
Change
0.025(8.93%)
Mkt cap ! $88.73M
Open High Low Value Volume
29.5¢ 30.5¢ 28.2¢ $284.4K 956.0K

Buyers (Bids)

No. Vol. Price($)
3 73291 30.0¢
 

Sellers (Offers)

Price($) Vol. No.
30.5¢ 18336 1
View Market Depth
Last trade - 13.29pm 24/10/2019 (20 minute delay) ?
(live)
Last
31.0¢
  Change
0.025 ( 10.7 %)
Open High Low Volume
30.0¢ 31.0¢ 29.5¢ 54637
Last updated 13.45pm 24/10/2019 (live) ?
WKT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.