WMC wiluna mining corporation limited.

Ann: Awaking a Sleeping Giant as High-Grade Results Continue, page-54

  1. 3,090 Posts.
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    @Drugo I didn't participate in the most recent CR either as I purchased my 18k entitlement on market post CR at less than 1.5 CR price plus more over time still under the 1.5.

    I have no vested interest in the oppies being in the money apart from WMX getting a cool $20million to pump into some incredible drilling. I'm hoping we get the SP in the money as this extra cash can go a long way in drilling or strengthening working capital position.

    I'm optimistic we can see a SP of $3.00 by 12 Oct. I don't see a major SH'r trying to prevent a $20mil raise for a 6% dilution at double or almost tripple the cost they got in. This cash will only de-risk their positions in mho.
    Last edited by Hiddenvalue: 14/09/20
 
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