Hi Sparecash,
Thank you for your offtopic rant, you could have said;
"if the Tanzania banks don't approve the working capital facility, WKT could use BMCG's US$9.3mil in funding, they had paid for the privilege for another 11 months. Although as you know the equity does have a few conditions attached to the equity, I.e liquidity. I am also unaware why WKT detailed Gemcorps US$5mil in backup funding as incremental, or if there are any conditions on this loan facility, But I am happy to advise, WKT has a good history of offering heavily discounted capital raises to its shareholders. i love the BMCG' discount, but I will load up the boat if this occurs"
Ann: Half Yearly Report and Accounts, page-153
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