Let’s be honest Spid, the funds still available to WKT at this stage of construction were ridiculously excessive. How many projects do you know of that had two funding structures capable of completing their project. BMCG’s funding deal was pointless as soon as Gemcorp signed on, but the fees were already payed out, so beat to keep it in place until it was no longer required. BNCG’s funding initiative was the lesser of the two due to dilutive agreements in place with Jinpeng and TNR. I’ve already pointed out to you yesterday that Gemcorp’s tranche one has undrawn funds and in the BMCG cancellation announcement WKT clearly states that tranche is unlikely. They quote your favourite word Spid. ‘If’. That a $7.5mil if Spid and $7.5mil security outside what WKT think they will require until revenue streams start flowing. Why is it you always leave out future revenues when you post Spid. Is it because it’s this part of the business you have no idea just as you still don’t understand how Lindi Jumbo’s plant operates. Who needs 2 funding deals to complete one project Spid. Really? If Spid.
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