WMC 0.00% 20.5¢ wiluna mining corporation limited.

Ann: Quarterly Activities & Cashflow Report June 2017, page-53

  1. 327 Posts.
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    It is going to be hard to break even as they have said they have paid or will pay:

    Repayment of loan $3.5M
    Development $2.5M
    Staff 1$1.7M
    Admin $250K

    $8M.

    In order to be cashflow positive they will need to produce gold around $1250/oz- which could be overly optimistic.

    They will need 2 g/t to do this.

    DYOR
 
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