WMC 0.00% 20.5¢ wiluna mining corporation limited.

Ann: $7 Million Capital Raising, page-67

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  1. 1,205 Posts.
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    Totally disappointed with recent share issue. With new COO I thought projections would be clear.
    Why would they have to raise more money now?
    Also look at the small amount $ 4 mill. (with insto. involved probably MACA as usual.)
    With us, as shareholders get $3 mill.
    With this ,toss ball.$30K limit. (no one will participate anyway).
    MACA have wringed this company out of millions to keep employed/contracted. Then get shares.
    Also add Lind.
    Would, not be surprised if Lind just wanted shares as things a re paid off. (they are now a major shareholder).
    If BLK closed down tomorrow. MACA and Lind would be burnt.
    We will see if there is a true outside investor . Otherwise same old.
    We are totally ripped off and Lind / MACA and staff get the money,.




 
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