WKT 0.00% 13.0¢ walkabout resources ltd

Touché Semi! :) WKT actually are the real deal these days aren't...

  1. 2,767 Posts.
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    Touché Semi!

    WKT actually are the real deal these days aren't they!?

    I would agree we could very well hit some very lofty highs within a handful of days upon finance - mining license could be a bit delayed but we will see what happens, if we get a mine approved in the near term (given new legislation etc), the sheer buzz it would create might send it into orbit on its own. Should be a given regardless, I don't really see it not being approved - I would however expect to see it get a bit choppy once financed, mine approved and awaiting construction (as with all transitioning producers).

    Then again the fundamentals are probably robust enough to support a $60-$100m+ market cap during this time, while the team are getting remaining ducks in line, further positive results from testing etc will help. Improving graphite prices could also help this along.

    Not completely derisked yet but well on the way even with govt speed humps.

    My honest guess is that it would drift back and side trade for a little while after testing earlier said highs. Regardless WKT's $10m mc is ludicrous - it should be worth at least 3 times that as we stand right now!

    Once producing efficiently and effectively the ceiling is anyone's guess. I add that little disclaimer because we should probably expect some teething issues with equipment etc initially, even after successful test runs.

    Jeez - that's just the graphite!

    Is it different this time? Sure frickin feels like it, this has steam

    My opinions only of course!

    GL HF all
 
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