Ann: Poised for go live - Lindi Jumbo Mine Development Update, page-199

Hi Croc,

What an amazing turn of events, you have finally worked out that the US$10mil BMCG backup facility still exists, as I have been educating you for days,

You only need to work out that both BMCG and WKT can implement the funds, BMCG can force WKT to take US$700k, or WKT can draw down a minimum of US$2.1mil.

Once you understand this, you won't be misleading anyone about the facility.

On a side note, do you think the recent pump in SP has been caused by BMCG pushing up the SP as they have previously with all-over conversions?

I cannot see anything in the recent ASX announcement that would justify the SP increase. It did highlight deals are likely and Wogen doesn't have any commercial scale sales lined up. only pilot orders.

Anyway, there is plenty of back-slapping claiming how everyone is a great investor when they are still down significantly on their investments, you don't need to look back that far to see many of the pumpers didn't take part in the 11c capital raising and they did see a 50% drop in the share price after the company ran out of funds and spent months suspended from the ASX.