Ann: Application for quotation of securities - WKT, page-81

How was that post deluded?

Many of you here, simply attack as you are unable to respond with a relevant counter argument to what is being posted. For example - I will read with interest the response on the forum to the comments I make below;

1) Do we think the reference to WKT having signed a “binding term sheet with Gemcorp Capital” in the quarterly released on 26th April is another error in wording by management? A term sheet, by definition is NOT a binding document and particularly once announced as being subject to DD !

(Term sheet definition) - reference…

https://www.investopedia.com/terms/t/termsheet.asp#:~:text=Term%20sheets%20are%20non%2Dbinding,out%20an%20executed%20full%20agreement.

2) Do we believe the estimate of funding being available for drawdown in early May was short sighted and inexperienced of management - considering the expectation from WKT management was that Term Sheet DD would be finalised AND binding loan docs signed within 5 weeks of WKT announcing the Gemcorp deal on 29th March?

3) 4 weeks until the 12th June EGM - whereby shareholders need to ratify multiple share issuances as per ASX company compliance AND governance guidelines. Do we now concede this forms part of Gemcorp’s DD conditions around being satisfied of;

• reviewing company policies and procedures (including those related to environmental, social andgovernance practices); and
• obtaining any required regulatory or shareholder approvals

(extract from Gemcorp deal announced 29th March).

Cue all non relevant to argument and attack the poster replies….