Facts - $2m Lanstead funds equates to $166k per month
As per the EGM table of funds to be received, the company will receive $100k if the share price was 0.33 cents. Given the current share price of 0.01 cents, company would appear to be a long way from receiving $166k per month.
LWP Statement (IMO lets call them say alternative facts) - The Company anticipates that contributions by Lanstead over the remaining 12 months that the agreement is in effect, should contribute in the order of AUD 2 million in cash..
LWP Price at posting:
0.1¢ Sentiment: None Disclosure: Not Held