WMC 0.00% 20.5¢ wiluna mining corporation limited.

Finance Deal

  1. 1,205 Posts.
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    As far as previous post BLK have approx. 28,000 ounces hedged at $1,651 according to last quarterly report. They are behind the profit here. The last time this company made a profit was this time last year when they sold their hedging contracts and made $6 million. Not now.
    Orion will be in the finance deal as they have that $14 mill. payment due Dec. 2017. Plus over 16 mill. options @.18. I think a combo of Orion and Lind will eventuate. This will not help me get my money back. However it is better than nothing. Unless there is a white knight which will not happen as BLK have already announced their Dec. payment will be delayed until 2019-2020 if finance goes through.
    I own too many shares right now compared to my investment objectives. I was conned into the next quarterly (promising) report.
    This too and fro, about for and against postings should hold the same value, as no one in their right mind could guess what this share price will be in 3 months time. The negatives have won so far 100% correct. I hope this prediction changes soon over the next quarter. They cannot be 100% all the time. (-$000000) in my investment if true.
    Why not do the feasibility and then start production. These guys are not producers. They should have let some one else worry about that. BD thinks he can do it all. Or is he trying to hide behind a bad DFS. Who Knows.
    Holding and hoping. Any finance is good finance.
 
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Currently unlisted public company.

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