Ann: Quarterly Activities Report, page-24

It does baffle me that we can't get a single binding offtake when possibly within 12 months of production and BKT have 3 signed up - rising to over 200k T and they don't even have a mining licence!
Binding offtakes must make financing easier. BKT expect to raise 80% of their more considerable capex via debt. How can we not get $25m!?
Do financiers ever say 'Hey if you raise another 10m we will provide debt for the gap?'
If shareholders had knowledge of something like that it would certainly result in a lot better participation in a raise!

For disclosure, I hold both, but more in WKT. So not for cross-promoting purposes - just think very relevant to the issue!