WFE 0.00% 2.4¢ winmar resources limited

Ann: Quarterly Cashflow Report, page-414

  1. 4,308 Posts.
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    Now let’s consider where the potential bottlenecks may exist in this much cumbersome process
    -operating permits...licence B for new entity WLMC..me thinks done
    -ore supply agreements...done per 13/2/2019 announcement
    - financial information...AHIC said will supply audited accounts...me thinks done
    - Independent Valuation of the Luapula Processing Facility..pain in the arse and expensive but 19/03/2019 done with finesse through METS
    -offtake agreements...well could be the sticking point...in DEC 2018 ASX indicating “appropriate arrangments “..wonder what appropriate now means to satisfy the prospectus
    - prospectus...well this little gem takes 4 weeks with ASIC after spending 8 weeks with ASX for their four eye verification
    Maybe it’s just me but sounds like turnarounds with externals not so simples....these lawyers just love dollars
 
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