WMC 0.00% 20.5¢ wiluna mining corporation limited.

[VIDEO] WMC entitlement offer closes soon, page-53

  1. 1,730 Posts.
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    @nickster, the money raised in the recent CR was never about preventing another raise. WMC's money management for Stage (1) capex put them in a precarious situation similar to Wiley.E.Coyote...

    https://hotcopper.com.au/data/attachments/4455/4455596-74aff80eae26a8ce12e82aabf1f0a477.jpg

    There's usually at least (2) CR's per calendar year & I suspect recurring CR's will continue to be an important (and necessary) survival feature of WMC operations in the years ahead (i.e. 2023 - ????)

    https://hotcopper.com.au/data/attachments/4455/4455541-a21b9380c79d1437572cda0422251d3c.jpg
    https://hotcopper.com.au/data/attachments/4455/4455543-10b9ab90a96e56600686ae89d41f7381.jpg

 
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