Oh @vooose I hold both stocks and by no means is GPX fully funded.
The funding is subject to certain criteria being met. It is hardly a done deal.
All that Castlelake can confirm is that they aren't going to pay more than 28c a share for 40-50% the company.
WKT have their DFS, have a debt financier lined up who is doing their DD. WKT's DFS Already accounts for Gov of Tanzania's free carried interest/taxes whilst GPX only just got a letter back confirming what WKT have known for years...
By the way, do you want to explain to us here what happened to the term sheet you have purportedly seen?
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