The later the $2M injection the better. It is only $2M, who...

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dan_stewart83

38 Posts.

82

17/07/24

20:15

Post #: 74801263
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Originally posted by spid81: ↑

GGtrader

I am sure if you had any post of mine that included "incorrect and fictitious information" you would have provided the links when you made remark.

It amazing how you focus on me, rather than you fellow campaigners who have been providing "incorrect and fictitious information" for years. I posted just a handful of previous bad calls which were removed for baiting.

I enjoy reposting their fake news so investors can see how accurate their calls have been. Sadly they have been dire and anyone who has bought on their ramping has been burnt.

can you explain why you dont question their integrity?
Is it a case you would prefer to benefit financial from their actions, and this is why you dont address their posts?

Anyway, I do enjoy the spot light, but you are still avoiding the elephant in the room, you are yet to advise when you believe WKT will inject the minimum US$2mil into the company, I can only assume this will be in the near future as the company has extended it loan agreement with Gemcorp. It also appears the free cash margins where Gemcrop can take 30% of any profit will continue until december 2026. Is this your reading of the 7th of July's announcement?

While we are talking about raising funds, can you see WKT raising the US$5mil to buy Gemcorp.out of its rights for the 30% grab of the profit for the next 2.5 years.
BTW feel free to correct any false statements made in this post.

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The later the $2M injection the better. It is only $2M, who cares in the overall scheme of things... Obviously debt is better this close to generating positive cash flow. How will they get the cash, CR is unlikely IMO, some form of debt is the most likely IMO and a bridging loan from top shareholders is the other option with reasonable likelihood.

WKT can pay out the gemcorp takings of free cash margin, anytime before June 30 2026, at the company's discretion.

Why would WKT raise the $5M payout amount as a CR when they only have to payout gemcorp if they make a profit. If they generate the profit to require a payout, they would obviously use profit to pay out gemcorp

WKT Price at posting: 10.5¢ Sentiment: Buy Disclosure: Held
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