WMC wiluna mining corporation limited.

Ann: Voluntary Suspension Extension, page-26

  1. 11,147 Posts.
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    Its highly unlikely they will release a a quarterly report in the first week of January.

    However, perhaps they can let us know how much they produced in the December quarter, an estimate of the AISC, and perhaps an estimate of their cash and bullion balance at 31 December. That might give some hope (or perhaps not). I would like to know what grade they achieved from mining last quarter to ascertain if their geos got their estimation rights about the newly mined pits.

    I think BLK has died a horrible death due to mismanagement (and some bad luck - rain, fire, earth wall collapse - but no pestilence as far as I know), and we will never know if their plans could have worked under professional miners.

    Cookie Wookie - Have you been watching this mob and thinking to yourself that you could turn the show around if only the mine could be obtained at a fire sale price?

    Maybe BLK will do a deal with some larger entity where they retain a 25-40% interest in exchange for the other party clearing the debt load, a type of TAM/NST deal.

    loki (Cookie Wookie is my hero cause he runs WGX and has "promised" (my expression) to make shareholders rich - the only problem is that I am currently not holding any shares in WGX while it goes ballistic on some lithium/graphite deal to be consummated against the wishes of some strongly protesting Hotcopper posters on the TON thread).
 
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