WKT 75c fully funded, page-176

@cazz69

**WKT will likely need to convert those term sheets to binding or the loan could fall through**

Cazz, IMO management did a great job negotiating our off takes for the debt to be Conditions Subsequent (CS) rather than Conditions Precedent (CP).

Of course WKT will need to convert their term sheets, but not until much closer to production (hence CS). That's the beauty of our term sheets. They are binding and just await conversion. In a rising price environment such as what we are seeing now for jumbo and super jumbo flake graphite, do you think this will work in favor of the company? I certainly do

In my humble opinion.


Just in case you missed my post above