The importance of what's being stated in this article can't be under estimated.
One would have to think that it certainly bodes well for BKT as they finalise the (up to) $20mil capex pre payment, plus additional offtake rights with Posco, including the supply from modules 2,3 & 4...
Certainly an exciting couple of months ahead for BKT as the larger & equally important pieces of the puzzle come together.
Whilst WKT's market cap is less than BKT, as to is it's project NPV, the market is appreciating the importance of the debt component of the overall funding requirements for their project being solved for on (face value) relatively decent terms.
Looking forward to seeing BKT finalise terms on a debt package and hopefully with the TIB on even better term than what WHK have been able to achieve with an in country commercial bank.
BKT Price at posting:
15.0¢ Sentiment: Buy Disclosure: Held
