WMC wiluna mining corporation limited.

Ann: Quarterly Activities Report, page-8

  1. 89 Posts.
    lightbulb Created with Sketch. 26
    I actually thought it was a pretty good report.
    I've been a holder for years (unfortunately brought under Brian Dixon).

    But there hasn't been a better time to invest - I wish I'd held off until now.

    the company has spent hundred of millions in development, and is still spending a decent amount on exploration. their 1600km2 area could very well deliver at a later date- and under positive cashflow production they have the money to sustainably keep looking.

    POG is also a positive.
    institutional investors also a positive.

    But With this report the MOST positive thing I took away is that management actually have not over promised this time! unlike what BD used to do.

    it's a large resource, a large land holding, and a decent size plant, a producing and growing cash flow positive mine that's still drilling... and it has a low market cap.
    if management can continue to be consistent and down to earth, I'll be happy to hold.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.