Ann: Development Progress - Lindi Jumbo Mine, page-3440

Let’s move this over to the correct forum for starters @Stirer and Spid81. It’s an ‘overdraft’, not funding or an oversight or any other negative slant you want to put on it Spid. Overdrafts are standard business practice where the total funds (not funding) may never even be fully accessed if at all. From memory WKT needed to pay a 6 digit amount to access Gemcorp’s tranche 2. It makes good business sense to open an overdraft instead. Gemcorp’s tranche 2 funding facility has also recently stated in an announcement by WKT it won’t be required. So just to be sure, read the tweet if you are having trouble understanding what the ‘overdraft’ is to be used for if at all.