Oh What a goose
Can Hardly Read an ASX Announcement, really is quite easy as there was 3 Binding Offtake Agreements dropped in 9 days one after the other ; )
Of course funding not yet announced - you will notice it when it does ; ))
The funding arrangements of other Graphite companies is actually irrelevant to WKT as their HIGH Capex and High Working Capital will be far more problematic.
VERY comfortable in the knowledge we have 17.9% TGC - Life of Mine 24 years - With a cut off grade of 10% as our WASTE on round 1 is what most other Graphite Players are happy to be mining to start with AND WE ARE LEAVING IT BEHIND to mine another day : ))
BTS ( Binding Term Sheets ) and BOA ( Binding Offtake Agreements )
Notice the word : Binding ? B I N D I N G ; )
Laughable & Stupid comments saying not in the ASX announcements so have attached them and highlighted them and provided links ; ))
( Some one needs an appointment with Spec Savers or a New Hobby )
Truly in desperate mode to be making false statements surrounding WKT Binding Term Sheets and Binding Offtake Agreements.
HIGHLIGHTED in RED in case one cant SPOT the words Binding in the 3 Binding Offtake Agreements that dropped on WKT in 9 days in 3 consecutive ASX Announcements.
Be sure to read the working capital facility our 3rd Binding Offtake Agreement provides : ))
11/04/2019 – 3RD BINDING Global Sales, Purchase and Marketing Agreement - WOGEN
https://www.asx.com.au/asxpdf/20190411/pdf/4446yvh7ypyg00.pdf
09/04/2019 – 2ND BINDING OFFTAKE TERM SHEET
https://www.asx.com.au/asxpdf/20190409/pdf/44451vmxbst3k2.pdf
02/04/2019 – 1ST BINDING OFFTAKE TERM SHEET
Binding Offtake Term Sheet that triggers the Binding Offtake Agreement 1 month out from delivery.
https://www.asx.com.au/asxpdf/20190402/pdf/443z6vhp4pw91f.pdf
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