it’s just a backup, security to make loan repayments and cover OPEX if required. What Spid and co fail to understand and are misleading this forum is that WKT have and are still working on debt funding for the required US$10m. The money from BMCG will only need to be drawn down in part only if needed and likely that the mine construction finished and in production. Likely the share price will be a lot more than today’s price imo.
Ann: Release of Security held by CRDB, page-44
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Last
9.7¢ |
Change
0.001(1.04%) |
Mkt cap ! $65.11M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.0¢ | 9.7¢ | $2.278K | 23.17K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 17728 | 9.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.0¢ | 48276 | 2 |
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| WKT (ASX) Chart |