the B class shares are in Lindi Jumbo - not in WKT
GoT will not get any payments from non Tanz mining operations also owned by WKT.
This is just how they get paid for allowing their resources to be turned into cash by mining companies. I don't see why there is so much stress over this. Australia takes extra tax in the form of royalties. Cost of doing business.
Good news is Lindi will start moving towards production - will start generating revenue next year, and will either pay off debt very quickly, or (preferred IMO) pay off debt steadily over a longer period and use the remaining profits to fund development at other sites and start returning a dividend to shareholders.
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Last
9.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $64.44M |
Open | High | Low | Value | Volume |
9.7¢ | 9.7¢ | 9.6¢ | $20.05K | 206.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 172559 | 9.6¢ |
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Price($) | Vol. | No. |
---|---|---|
9.7¢ | 13 | 1 |
View Market Depth
No. | Vol. | Price($) |
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5 | 172559 | 0.096 |
4 | 139250 | 0.095 |
2 | 57400 | 0.094 |
2 | 58543 | 0.093 |
2 | 18924 | 0.092 |
Price($) | Vol. | No. |
---|---|---|
0.097 | 13 | 1 |
0.099 | 40300 | 1 |
0.100 | 33728 | 1 |
0.105 | 75598 | 2 |
0.110 | 192833 | 4 |
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