WWI
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6.67% 1.6¢ west wits mining limited

The IDC gave Lucapa Diamond a ZAR100m facility in 2018 for the...

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  1. Neutral scot
    278 Posts.
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    22/07/23
    17:08
    Post #: 68926325
    The IDC gave Lucapa Diamond a ZAR100m facility in 2018 for the Mothae diamond mine in Lesotho. Not a single share was given to IDC as part of the deal

    terms of the deals were a 4 year term, 12 month moratorium on capital repayments, at a rate of JIBAR plus 8.6% which was a total of 15.6% at the time.

    took about 2 months from receipt of an approved term sheet to finalisation.

    ownership of the Mothae mine is 70% Lucapa and 30% government of lesotho. The last repayment of the loan was recently made.
    WWI Price at posting: 2.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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1.6¢ 		Change
0.001(6.67%) 		Mkt cap ! $40.66M
Open High Low Value Volume
1.6¢ 1.6¢ 1.4¢ $30.50K 2.044M

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