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20.5¢ wiluna mining corporation limited.

Ann: Another Record Month of Gold Production for Blackham, page-57

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10,805 Posts.

349

08/03/18

10:38

Post #: 31612369
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Originally posted by happy Hippy ↑

No...the massive dilution killed off those sort of prices. Look at the MC with a sp of 45 cents. Too high for a less than 100K oz producer. I will be delighted with 10 cents and anything over ....well double delighted as I have a stack of oppies. Naturally is POG goes rapidly north....
Remember we are picking some low hanging fruit atm...that strip ratio has to go up again. Cheers.

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Nicely put! Tad higher expectations than you but well south of 45 cents for me as well.

BLK Price at posting: 6.9¢ Sentiment: Buy Disclosure: Held
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