WMC 0.00% 20.5¢ wiluna mining corporation limited.

Ann: Trading Halt, page-36

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  1. 23,194 Posts.
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    I guess with such a general reason for requesting a TH, it leaves all options open.

    IMO, however, we can virtually rule out another CR because BLK sub the last one has lots of cash.

    While weather is an issue, today & yesterday was quite good in Wiluna; the last rain on Sunday.

    There are a number of high probabilities, IMO:
    -https://www.nsrltd.com/our-assets/jundee/ NST has a mine close by & it would make sense for it
      to make a buy pitch for BLK due to BLK's gold in the ground & before BLK is ramped-up.

    -BLK's strategy is to increase resources/find a bolt-on acquisition ; so either is a possibility

    -SOL's acquisition of HHL's share may have shook out a buyer shielded by the instos share

    -The timing of the TH is auspicious, IMO, which  likely signals good news.

    mm
 
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