Ann: Lindi Jumbo Project Update, page-27

Hi Nowork,

WKT announced in June that all major contracts were ready to be signed, here we are 4 months later and all of the WKT bulls are celebrating the EPC contract finally being signed with a slight increase to the CAPEX. I also find it funny how everyone is celebrating the EPC contract, yet don't understand what condition precedents remain outstanding.

These same rampers were claiming WKT had paid all of the US$1mil for the 2019 early start works, where yesterdays announcement confirmed WKT had only paid 50%. This is what the non holders have been telling HC readers for the past 2 years

If you look back at these rampers posts, they are the same ones who claimed WKT would be 75c once WKT was fully funded. The SP has been sitting at 20c. They are also claiming 6 months of construction since the Tanzania banks conditional finance was announced in April.