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Ann: Development progress - Lindi Jumbo project, page-232

  1. 16,255 Posts.
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    Hi Semi,

    I am not sure what world you live in, you thought WKT was fully funded 3 years ago and was selling the dream of 75c fully funded.
    can you point to any ASX announcement where WKT has secured finance for the project?

    If you read the ASX announcements over the past few years, WKT has failed to secure the full funding for the lindi jumbo graphite project. CRDB offered US$20mil, WKT secured zero dollars from them.
    The Nordic Bond Market, WKT asked for US$40mil and achieved zero dollars,
    Gemcorp - offered up to US$25mil, Due Diligence has been completed, but no determination has been made if they will fund the project.

    Just out of interest, Has early May passed? I know Red Adair had trouble determining when early May was in the 2023 calendar.
 
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