As time ticks on I feel the success of Gemcorp funding arriving before WKT needs to draw down funds from BMCG or another round of back up funding is less likely.
We all know the companies financial thanks to the recent QTR report. It advises WKT has up to 1 QTR of cash remaining. With 2/3 of the QTR almost gone and the company commencing what they call "Rapid Construction" I will be surprised if WKT's cash balance can last until the end of the QTR with all of the additional costs they were expecting with recommencing shipping, logistics, customs duties, corporate costs, ect ect.
I am surprised none of the positive posters are able to advise what listing capacity WKT currently has available, I would have thought this would have been a critical question after seeing the QTR report and the agenda items for the General Meeting.
I guess we will soon see if WKT secures funds from Gemcorp, or if they raise funds from BMCG or come up with an alterative funding.
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