By attending our Investors Forum last night I was able to put a face to some people and get a better understanding of managements position on funding.
Oznt was very approachable and easy to communicate with as was ME. Both very genuine people. TB and AM both presented well and communicated freely with everyone in attendance. AM looked more comfortable and answered questions confidently. As for Towie; well I was right in assuming he is a Legend.
All directors present appeared confident with any questions relating to off takes and funding. When ask about off takes it was suggested they could come out individually starting this quarter. When it was made apparent this quarter only had three days left, it was neither confirmed or denied with an added laugh.
In regards to funding it was stated that multiple options had been looked at, with some passed on while others still a work in progress. ME made it quite clear that if a funding option is not good for shareholders, then it simply won't be considered.
All in all management appear to be working very hard with funding their main objective. It appears there is just a process of DFS, Off Takes and Funding which takes time. Hold onto your ticket Mums and Dads. NLN.
WKT Price at posting:
15.0¢ Sentiment: Buy Disclosure: Held