I think part of the $20m will be to pay out Pybar and reduce current debt levels to a more manageable level along with expanding the plant capacity and increase exploration.
A good outcome as the funding will be a very welcome buffer against any further hiccups without needing to dilute shareholders with cheap cap raisings in the short term.
WPG should become another turnaround story similar to EXG
WPG Price at posting:
2.5¢ Sentiment: None Disclosure: Held