WMC 0.00% 20.5¢ wiluna mining corporation limited.

Ann: Entitlement Offer Update, page-13

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  1. 1,767 Posts.
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    Hi @newB, I remembered reading this in the Prospectus on (pg.48) under the 'Future captial requirements' heading...

    "Whilst the Entitlement Offer is expected to position the Company well, the Company may require further financing for exploration and development of its existing projects, and will require funding for the expansions plans the subject of the proposed Expansion DFS, in addition to amounts raised under the Entitlement Offer."

    Thinking about the long term, my guess is the SP will probably bounce to any number that's less than $0.025....but hopefully higher.
 
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