WKT 0.00% 9.5¢ walkabout resources ltd

Valuation 64c per share IIR research report, page-70

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    WKT's neighbor Dalradian  was the subject of a recent take over offer the equivalent of  $550 million that was accepted , there is no working mine there , If  WKT  prove a  major VMS  discovery in one  or all of those targets ? wKT and shareholders could get seriously rich .

    Under the terms of the Arrangement Agreement, each Dalradian shareholder (other than the Remaining Shareholders) (the “Affected Dalradian Shareholders” will receive cash consideration of C$1.47 for each Dalradian Share held (the “Consideration”, valuing Dalradian’s total equity at approximately C$537 million, on a fully diluted in-the-money basis. The Consideration represents a 62% premium to the closing price of the Dalradian Shares on the Toronto Stock Exchange (the “TSX” on June 20, 2018 and a 49% premium to the volume weighted average price (“VWAP” of the Dalradian Shares over the last 30 trading days.

    https://www.globenewswire.com/news-...nance-to-Acquire-Dalradian-Resources-Inc.html
 
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