Valuation 64c per share IIR research report, page-26

Finally WKT receives an Independent Report within the parameters of fair and reasonable. The report makes assumptions on things like possible plant issues on start up and a debt to equity ratio. I don't believe these are facors of considerations and the report still reads well. TB went on record after our last cap raise and stated there will be "No more shareholder dilution." Therefore there will be no more finance raised through equity!!!

What I like most about this report is that it will catch the attention of every broker interested in investing in the resources sector. It won't be a case of it being pushed aside to focus on the more promising report next to it on their desk. NLN.