Did WKT achieve approval on the $4m LOC from the Tanz Bank which was flagged by end of March as announced by the BoD’s or is that still pending ?
I found it a curious requirement to seek additional funding considering the funds announced remaining from Gemcorp, the facility still in play with BMCG and the working capital arrangements with Wogen once product was delivered. The March quarterly due soon hopefully sheds some light ? As the topic discussion on this $4m facility has gone quiet. Perhaps WKT don’t need it afterall ?
Ann: Development Progress - Lindi Jumbo Mine, page-4260
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