WFE 0.00% 2.4¢ winmar resources limited

Questions to Management - What is going on? Official., page-1041

  1. 4,308 Posts.
    lightbulb Created with Sketch. 1332
    Please go back and reference the recent quarterly....WFE mgmt have completed an updated submission to the ASX just after 30/09 quarter end addressing 'all the concerns'....so we now must simply wait on the outcome...continuius disclosure on each individual item isn't going to help you or assist holders....it ain't a requirement of the listing rules....all's that's left is the ASX 'yes' or 'no' on a mother of an arduous journey.....we sought in-pronciple advice in 2018, ASX on 3rd Dec 2018 came back with concerns, we worked through these for an April 2019 submission, pulled the plug on June 2019 due to changed OFFTAKE and funding structure and finally submitted just after Sept 30 in the 'Submission on cobalt deal for relisting'.....why submit if there was going to be deal stopping outstandings.....the ASX and regulators have the power no doubt ....from a risk mitigation strategy the focus should be on the non-core asset sale...as a shareholder I'd rather get further update on the PCF capital group activity surrounding the sale of the iron ore.....in contrary to your comments there has been much strategy, plan execution and adjustments over the deal submissions and risk mitigation activities....at least we are still listed and on the boards unlike the battle lost over yonder on the things crypto casino....vanished/done...
 
watchlist Created with Sketch. Add WFE (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.