@GGtrader, you need to provide the full details of the Wogen agreement.
Further to this Agreement with Wogen, the terms include:
• Working Capital Finance:Within three working days of a consignment being loaded onto a shipping vessel in Tanzania and Wogen receiving the Shipping Documents, Wogen will immediately advance 80% of the deemed value of the consignment to Lindi Jumbo.
Considering this thread's announcement confirmed WKT expected to ship its first concentrate in Early July, they have missed any sales during the June QTR. Investors will need to wait until the September QTR report which won't be released for 90+ Days to see the sales figures vs the OPEX.
Ann: Lindi Jumbo gears up for first graphite concentrate export, page-503
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