Ann: Quarterly Activities Report, page-2

Gotta laugh….I remember a non holder posting here that deisel generators would be required to assist in commissioning and derisking of the site - to yo such great condemnation from the pro brigade

I guess the board felt it was indeed a neccessity having now spent $1m on - you guessed it - deisel generators for the site.

Interesting to note that in 3months alone - WKT have already drawn on 50% of the first US$20m Gemcorp Debt Facility. I guess my suggestion, when this deal was first announced, that 100% of the facility will be drawn well within the first 12months and will be capitalised massively into first round of repayments next year - is now seemingly well ahead of schedule. Hopefully WKT has completed commissioning, are able to produce quality product supported by off take buy orders within a timeframe, servicing loan repayment obligations which fall due within the next 10-12months. Much to do…not a heap of time to do it.