It does baffle me that we can't get a single binding offtake when possibly within 12 months of production and BKT have 3 signed up - rising to over 200k T and they don't even have a mining licence!
Binding offtakes must make financing easier. BKT expect to raise 80% of their more considerable capex via debt. How can we not get $25m!?
Do financiers ever say 'Hey if you raise another 10m we will provide debt for the gap?'
If shareholders had knowledge of something like that it would certainly result in a lot better participation in a raise!
For disclosure, I hold both, but more in WKT. So not for cross-promoting purposes - just think very relevant to the issue!
It does baffle me that we can't get a single binding offtake...
-
- There are more pages in this discussion • 38 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add WKT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
10.5¢ |
Change
-0.003(2.33%) |
Mkt cap ! $70.48M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.0¢ | 10.5¢ | $21.84K | 201.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 604881 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 224492 | 6 |
View Market Depth
| Last trade - 12.11pm 12/07/2024 (20 minute delay) ? |
| WKT (ASX) Chart |