If the Con Notes were not renegotiated WRM would most likely be in administration, as the CEO's words were" we are unable to find any other funding"
15c was the floor, now it seems there is no floor...
Who is going to make the money?
Yes thats right, the Con Note holders and the the ones wih the hand out from the company...
Shareholders imho are going to lose the lot as the notes get converted and the floor of converting gets lower and lower but that only will EVER effect the SH'ers..
As for them making money with this ground and miningplant, never ever will happen as proven history says so with exactly the same MO in operation.
ALASKA anyone...............?????????
WRM Price at posting:
9.6¢ Sentiment: Sell Disclosure: Not Held
