Great news , Now we know the Bank , No one has picked up on the $40 million USD , WKT only need $28 million for the Project , $3.1 million already spent ($25 million) leaves $15 million USD ? for what?
Plus $8.75 million AU Bridge options
Plus $6 million 15c December options
pay back $5 million to Bridge loan Lenders =$15 million USD plus $9 million AU gives about $22 million USD restricted I assume till production ? then what expansion ? down stream processing ? Drilling in Ireland and Namibia?
Great Deal.
Ann: Launch of Proposed Senior Secured US$40m Loan Note Issue, page-17
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