This part alarms me…They are paying back the debt ASAP when the mine is supposed to return to profitability…Doesn’t seem like the bank is willing to hang around for that moment…Keep pumping it mate
What did the bank see they didn’t like…Why did they further dilute shareholders when the debt could have been paid back from expected profitability…Doesn’t appear the company had a choice
Good luck with $10 million upgrade to repair the plant and provide maintenance…
Regards Croc
Ann: Proposed issue of securities - WKT, page-170
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