Never held any BLK shares, have always been watching if BLK would ever be able to get Wiluna into profitability but now it will never happen and it looks to follow the same one way street Apex minerals took sending it into administration with constant dilution to shareholders when they couldn't raise even $1,000,000 million at the end of it all to fix a power issue with Wiluna when mining.
To all thinking of putting money into this sinking ship please read this and it might change your mind.
https://en.wikipedia.org/wiki/Wiluna_Gold_Mine
http://www.abc.net.au/news/2013-07-03/apex-minerals-goes-into-administration/4795848
https://www.asx.com.au/asxpdf/20130131/pdf/42cqvk80l49h5k.pdf
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