The cash sweeps go towards repaying the loan amount anyway Nameslittle. Who would be stupid enough to sign an agreement allowing Gemcorp to take early cash sweeps restricting WKT’s ability to service its loan agreement as Lindi Jumbo is still establishing itself. The decision to take out the US$3-4mil overdraft is also evidence of why the two full quarters of debt servicing was agreed to by both parties WKT and Gemcorp. It’s really not that hard to get your head around. Unless of course you’re not trying and wanting to hijack the forum.
Ann: Annual Report to shareholders, page-268
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