64c IIR Report - Quality Data, page-54

They will be bankable enough for the financiers or the company would not have signed them off and there are valid reasons WKT has left 2 as MOUs and 1 as HOAs.

The 2 BOA parties are actual manufacturers of products and will become long term clients with WKT for their source of Graphite.

Bankable with Binding Term Sheets that will turn into Binding Offtake Agreements when the trigger point comes to when the basket price is inserted at a point in time agreed by both parties in the Binding Term Sheet that creates the final Binding Offtake Agreements. Its not that complicated to understand.

The 3rd BOA (WOGEN) is now to be WKT Global Sales, Purchasing, Marketing and Distribution Partner for the next 5 years is an international commodity trading house with a global network of clients that has been around since 1972.

https://www.wogen.com/

11/04/2019
https://www.asx.com.au/asxpdf/20190411/pdf/4446yvh7ypyg00.pdf

https://www.asx.com.au/asx/statisti...amp;asxCode=wkt&timeframe=Y&year=2019

Wogen will be also providing a working capital facility up to $8M USD / $11.2M AUD.
Wogen will be marketing and seeking NEW BOAs for the next 5 years.
Wogen will be responsible for the distribution and logistics.
Wogen will be purchasing WKT products and Wogen will be responsible for the creditworthiness of the final purchaser.

Its in the ASX announcement 11/04/2019

Its all irrelevant today regarding the China Silk Road Funding back in 2018 - Those terms were unacceptable to the Board, which clearly knew they would be unacceptable to shareholders.

One thing that is very clear, the Lindi Jumbo project could have been funded last year but those terms were not done on favourable terms to warrant accepting. We don't want WKT signing bad deals now do we.

Now with all those MILESTONE achievements including the 3 BOAs, 2 MOUs, 1 HOA that demonstrate capacity to be INCREASING beyond our initial start up of 40K TPA etc, those funding deals will be looking far more favourable in their terms today then they did even 4 weeks ago, let alone 8 months ago.

@names_little
I wish you the very best of LUCK with your future investments if you think the P Note was accurate, clear and concise. Your going to need every ounce of it.