If they had received EOIs for “senior debt” other than Wingfield and IDC then that would be price sensitive and separately disclosed.
It’s extremely clear that the reference to senior debt EOIs is to IDC and Wingfield - and therefore that due diligence hasn’t started yet as IDC and Wingfield are only “preparing to commence”.
If the comments at the AGM indicating otherwise (ie that DD has in fact commenced) are true then that would itself be concerning because it’s exactly not what the announcement says.
TLDR: I keep checking this company whenever there’s a new announcement because they potentially have a lot of gold, but it’s always a shambles or a disappointment so it’s impossible to invest.
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- Ann: Chairman's Address - WWI 2023 AGM
Ann: Chairman's Address - WWI 2023 AGM, page-23
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