Hi SBDavis, yes it seems the lender is ensuring there is always 2 current quarters of cash reserves sitting there to ensure the loan is serviced. Guess it gives Gemcorp a nice buffer and time to rectify if anything goes wrong, but a bit of a burden on WKT
The two current quarters at all times is interesting, currently what would the two current quarters be, Dec Qtr and March Qtr. Or would it be two lots of Dec Qtr, I initially read it as two lots of Dec Qtr but am now leaning to it meaning Dec and Mch Quarter as I think you meant by 6 months.
WKT Price at posting:
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