WKT 0.00% 11.5¢ walkabout resources ltd

Ann: Development Progress - Lindi Jumbo Mine, page-4071

  1. 3,688 Posts.
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    WKT can also draw down a further $5m usd from Gemcorp trench 2. And as Spid mentioned they are looking at another $4m usd line of credit from Tanzanian Banks.
    Also they have working capital contract paid by Wogen as soon as product is loaded onto ships in Tanzania to a value of 80% of the value of products up to $3.2m usd. Wogen is contracted to pay this regardless of their sales.
    Last edited by Stirer: 16/04/24
 
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