Hi Rob8 great to see you are finally getting it…2 Quarters of debt service are required for a cash sweep to occur…
There is no debt service requirement for the loan…This is proven by your own admission that drawdown began without a debt service cover and backed up by Gemcorp giving full drawdown of the debt facility without a debt servicing cover…
They really need to stop with misleading the forum…Cash sweeps wil be a regular occurrence per quarter imo once the project is validated…
Not sure why my previous post was removed when all was discussed was a possible vision of how WKT may move for
ward without the need to dilute shareholders position in WKT and capture upside of other projects the company may have…
This is a discussion forum and many others give ideas of which is part of how a democracy works…Not the dictatorship and shutting down reasonable discussion points…
There are many benefits to cash sweeps that has been announced and certified as an ASX announcement…If you don’t like the announcement then contact the company and explain your concerns…Don’t vent here
Regards Croc
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Last
11.5¢ |
Change
-0.005(4.17%) |
Mkt cap ! $77.19M |
Open | High | Low | Value | Volume |
12.0¢ | 12.0¢ | 11.5¢ | $41.33K | 355.3K |
Buyers (Bids)
No. | Vol. | Price($) |
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6 | 116989 | 11.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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12.0¢ | 400000 | 1 |
View Market Depth
No. | Vol. | Price($) |
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6 | 116989 | 0.115 |
6 | 321136 | 0.110 |
7 | 233976 | 0.105 |
6 | 351388 | 0.100 |
2 | 120000 | 0.099 |
Price($) | Vol. | No. |
---|---|---|
0.125 | 374909 | 6 |
0.130 | 401050 | 10 |
0.135 | 508792 | 9 |
0.140 | 110000 | 2 |
0.145 | 160000 | 2 |
Last trade - 15.49pm 07/06/2024 (20 minute delay) ? |
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Last
11.5¢ |
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Change
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Open | High | Low | Volume | ||
12.0¢ | 12.0¢ | 11.5¢ | 110000 | ||
Last updated 15.49pm 07/06/2024 ? |
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