I see Not Held is becoming symptomatic of Not Reading. IMO.
Front Page of todays announcement for Project Early Start.
Can only be 1 Winner - Happy for it to be draw : ))
Company could have financed this project last year however the terms back then were simply unacceptable to the company, probably because the terms were not factoring in all the milestones that at the time we were missing. That is a TOTAL different story today.
No doubt after the 3 Binding Offtake Agreements that were dropped in 9 days would have spurred new interests regarding finance.
WKT has reached a lot of Milestones this year, that are significant to any Financing Deal.
Now with after all the Milestones achieved including todays strategic milestones, there really is only 1 Milestone left ----> Funding! Its really not that complicated to understand.
No doubt any financing deals with not so favourable terms are being reviewed and re-negotiated until we have a clear WINNER.
Who has the best deal at the top of the pile, that the company feels is the most favourable will be the WINNER, as at least ONE is expected to prevail. (according to todays announcement).
7 May 2019
Project "Early Start" Commences in China, Tanzania and Perth
https://www.asx.com.au/asxpdf/20190507/pdf/444x3v7r1t19lr.pdf
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- Information query.
I see Not Held is becoming symptomatic of Not Reading. IMO....
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