WMC
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0.00% 20.5¢ wiluna mining corporation limited.

Ann: Quarterly Activities Report, page-46

  1. Hiddenvalue
    2,838 Posts.
    lightbulb Created with Sketch. 787
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    08/06/23
    23:57
    Post #: 68206885
    $20mil won't go far.

    I wonder what the strategy of the board will be if we get out of admin. Do they restart production of concentrate or we pivot back to just drilling holes in the ground (explorer) and making a few $$ from tailings re-treatment?

    To me our only chance of a recap option is if tailings re-treatment is still delivering ounces and cashflow.
    Last edited by Hiddenvalue: 08/06/23
    WMC Price at posting: 20.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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