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Ann: Lindi Jumbo Project Update, page-8

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Pepper70

3,213 Posts.

601

21/12/21

09:50

Post #: 58429295
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Originally posted by spid81 ↑

Hi GL,

The announcement confirms what the non holders have been saying,

"The timing of the issue of Lindi Jumbo B class shares to the government is yet to be agreed but is not required before either construction or production. "

Interesting WKT has required to enter into a BOOT agreement for the following items.
0 Offices
o Accommodation
o Dining & Canteen
o Water purification & sewage plants
o Medical o Training Centre
o Change rooms

These Items were all included in the companies CAPEX, has WKT exceeded the CAPEX of the project where they have now required to enter into a Hire purchase arrangement to keep on the project on budget?

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Rubbish Spids, you lot were saying over and over the fci had not been agreed to in any form.

Its just the timing LOL

WKT Price at posting: 18.8¢ Sentiment: Buy Disclosure: Held
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