I think you aren’t putting much effort in Spid. Same old rehashed posts about CR.
WKT have a binding agreement already with Wogen up to $3.2m for all in spec graphite up to that value. After every sale that amount is credited back to the $3.2m working capital amount. Bank lenders would have full disclosure of the interested parties and will make their own judgement. I doubt they would hold the same opinions as you otherwise they wouldn’t be in the final stages of negotiations as in the announcement.
Ann: Half Yearly Report and Accounts, page-142
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