Good Morning Croc
You can tell by reading the HC commentary, non of the WKT bulls were aware of the 4 bridges being washed away, if you read your posts, anyone would assume the highway access to Dar Es Salaam is still available. Is this confusion Croc or is it due to WKT stating "damaging critical infrastructure along the coast" which alludes the access is still available?
Did you call managment last night asking for an update on the highway closure (396kms) and advising 4 main bridges has been washed away and what are the alternative transport routes to Dar Es Salaam, along with the additional costs it will have to transport its good.
As you would know, if this transport route is no longer available, it puts added presure on any free cash margins WKT might see, which impacts the companies ability to service its credit card loans, that are costing $480k per month just in interest.
@Gammat How did you go with updating your table with the interest payments due now and the Principal repayments that arrive in September.
@Choppy1989 looking at your posting history you are down 50% in your investment, You claim I am wasting mum's and dad's time, yet the pump crew were selling dreams not that long ago of SP being in 3-4x higher than the current SP.
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