Well the Non holders were correct once again,
The Civil contractors had not been mobilised, one has to wonder why WKT didn't tell shareholders commencement of works was dependant on the appointment of the Independent Project Manager.
Even Mr Graphite was correct with the shortage of containers.
"The current global container shortage is expected to significantly increase our shipping costs of approximately 90 containers from China to Tanzania."
Interesting a few contracts have been retendered "while the logistics, camp and power contracts have all been re-tendered. Award of these contracts is expected shortly." Were the original tenders higher than WKT expected?
It was good to see the company provided clarification on the status of the Binding offtake agreement requirements. Cazz was in correct with his assessment.
Ann: Lindi Jumbo Project Update, page-3
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