Morning Names,
did you notice Wogan has reduced its working capital facility to WKT?
The original ASX announcement detailed the facility was up to US$8mil. Which would be enough to cover an 5280k shipment based on the DFS forecast basket price
The recent presentations detail this has reduced down to US$3.2mil = 2112 tonnes based on the DFS basket prices
This is a significant reduction in the working capital facility for WKT to use.
Ann: Investor Presentation, page-13
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