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20.5¢ wiluna mining corporation limited.

Ann: $23 Million Funding Agreement, page-54

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Dabble010

4,276 Posts.

1472

26/09/18

09:16

Post #: 35843729
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Originally posted by hotcoppa ↑

What a ridiculous comment. No my eye sight doesn't need looking into.
Agreed, raising funds for future operations isn't the purpose of the offer. Is to pay for work completed that they don't want to settle in cash..
In other words, the purpose of the offer was to avoid paying consultants the cash sum previously agreed for work completed.
Doesn't matter how large or small the share issue is, it's still a bad sign and is dilutionary.

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Again read the doc in full, don't both parties have to agree. It's not a one sided agreement.

dilutionary >> wow, it's immaterial.

BLK Price at posting: 4.6¢ Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

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