Hi sparecash,
I honestly cannot see how WKT could comply with these requirements,
As you know, WKT has no experience operating the same or similar business and they do not have any cash flow.
Although this is one bank's requirement, I suspect all other Tanzania-based lenders will have similar requirements.
It's good to see the conspiracy theories running hot. I like Croc's post about Insto's not understanding Graphite, then advises they will start buying once WKT starts proving it can make a profit. He then suggested I am working for an Insto to accumulate shares in a company that isn't generating a profit. It's a bit of an oxymoron, isn't it?
Ann: Development Progress - Lindi Jumbo Mine, page-3454
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Last
10.0¢ |
Change
0.002(2.04%) |
Mkt cap ! $67.12M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 10.0¢ | $10.44K | 101.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 9.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 221354 | 4 |
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| Last trade - 14.37pm 11/10/2024 (20 minute delay) ? |
| WKT (ASX) Chart |