These framework and shareholders agreements are not a pre-condition of operations nor product sales.On 29 July 2022, the Company signed an amended binding Sales, Purchase and Marketing Agreement with Wogen Pacific Limited for the supply of all exported graphite production from its Lindi Jumbo Graphite Project in southeast Tanzania.
Out of the half yearly report which has been discussed before.
We can deduct from this that the FA is not required to sell their product.
As WKT have all of their product contracted to sell to Wogen then this means they can export their product.
I am sure if this isn’t correct then the asx wouldn’t of approved its release to the market.
Secondly since WKT are able to sell their product before the FA is signed it obviously means they can start operating without the FA signed.
Ann: US$20m debt facility to complete the Lindi Jumbo Project, page-315
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