WFE 0.00% 2.4¢ winmar resources limited

We are in the end game now

  1. 4,308 Posts.
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    Next announcements are expected sometime prior to trading on the 30/Jan/2019 as per previous announcements...so please read
    "The Company anticipates making the announcement prior to the commencement of normal trading on Wednesday, 30 January 2019."

    Also, as per below WFE have made significant progress -
    1. Owner of a Cobalt plant capacity at 250,000t ore for 12,000tpa will produce 4,000 to 4,5000tpa cobalt...in announcements and confirmed at AGM
    2. JV partner working the plant...we should here further updates on progress
    3. The upgrade cost only $500k to cobalt...in announcements
    4. VERY BIG - A new joint venture company, Winmar Lufira Mining Company S.A. (WLMC) has been incorporated....Winmar received confirmation from its DRC lawyers that WLMC has all necessary permits, approvals and licenses to operate as a company in the DRC.

    Next announcements
    1. - our push to re-compliance in feb/March just as $60b being unleashed into Africa by the Chinese
    2. imminent artisanal contract Ore arrangements
    3.imminent tailings ore contractual arrangement
    4. imminent other DRC ore contractual arrangements
    encompassing “prospectus”
    5. imminent License B which is final administrative matter for operating plant
    WFE  with its advisors and JV partner currently reviewing  high-level proposals....in announcements....they anticipate announcements of Ore Supply Agreements over the coming weeks
    REPOST - The open will be an extravaganza of news flow...has a company in the history of the ASX ever opened with a cobalt real estate package which includes an “all encompassing prospectus” and a recompliant new entity READY FOR COBALT supply, processing and sale...the answer is “no”

    “Clearly the proposed acquisitions of a 50% interest in the Luapula Processing Facility and a 100% interest in a portfolio of several exploration licenses have the potential to be transformative for the Company as it aims to become one of the world’s leading, publicly listed, primary producers of high grade cobalt concentrates. We are required to satisfy Listing Rules 11.1.2 and 11.1.3 and will seek to obtain approval from our shareholders in order to re-comply with Chapters 1 and 2 of the ASX Listing Rules.

    Whilst we have made significant progress over the past months, our attention must rightly be on delivering this opportunity for shareholders.” Brewer added.
 
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Currently unlisted public company.

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