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Ann: Development Progress - Lindi Jumbo Mine, page-4719

  1. 15,961 Posts.
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    Hi Sirrrobbo,

    Jinpeng must be getting close to hitting the 2 days of production where they are paid their balloon payment of $700k USD,

    From that point WKT will be handed over the keys to improve the production and try to hit those all important purity, flake size and production rates.

    Its going to be interesting to see the results of the first production from the processing facilities then see if these specifications can be achieved when they process the fresh mineralisation.

    @SpareCash7 Keep looking back at WKT's old announcements to see if they gave other claims of being fully funded until production, It will help @semi retired with his evidence for his lawyer,

    @Gammat is everything okay, after @nameslittle corrected your assessment of WKT's requirements to pay the interest on the US$20mil fully drawn loan, you have gone missing and haven't updated that spreadsheet of yours which showed WKT would run out of funds during July, By memory you showed no interest payable until September, I am keep to see your updated figures with interest payable monthly to see when you think WKT will run out of funds.

 
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