The following may give you an idea when to expect funding and explain the earlier "could take a number of weeks" commend:
Funding Activities
The Company has engaged an International Investment Bank (The Bank) to advise on procuring the debt-based portion of the development funding requirement. Intense independent scrutiny of the legal, commercial and technical elements of the Project through due diligence by the Bank’s representative experts has been commenced.
The Company benefits from The Bank’s experience of funding greenfield mining projects and structuring emerging market transactions especially when considering the regulatory and logistical aspects of lending to a project in Tanzania.The Company anticipates launching a Loan Note Offering when final Due Diligence reports are received from the independent legal and technical experts.
The following may give you an idea when to expect funding and...
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add WKT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
9.6¢ |
Change
-0.004(4.00%) |
Mkt cap ! $64.44M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.0¢ | 9.3¢ | $79.54K | 821.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | 9.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.6¢ | 66614 | 1 |
View Market Depth
| Last trade - 15.39pm 06/09/2024 (20 minute delay) ? |
| WKT (ASX) Chart |