Ann: Development Progress - Lindi Jumbo Mine, page-6735

Hi Stirer.

Yes quality is lacking, WKT is producing low purity with predominantly -300 mesh.

its going to be a miracle if this project turns out to be successful. 9 months of commissioning and they are still yet to resolve all of these issues.

What was the interest rates on Gemcorps loans? 19.21 and 21.21% WKT has borrowed US$22mil which doesn't include the expected July or August draw downs.

Have you ran the calculation to work out when all the funds will run dry?

Dont forget to use interest, Opex, directors fees, corporate, ect.