Didn't they have the Chinese "one road" funding, which was based on the Chinese taking 50% of the Lindi Jumbo Graphite mine yet the T40 refused the funding?
The One road funding would have worked out much better for all shareholders rather than the highly dilutive capital raisings, the years of missed revenues and still ending up with a debt with Credit Card interest rates and free cash sweeps. Plus shareholders have the joy of no free cash themselves for another 3-5 years.
@pusskat - You will also find all other directors who were previously shareholders in WKT have sold out, what does that say about the project?
Ann: Development Progress - Lindi Jumbo Mine, page-3134
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