Ann: Stage 1 Funding Update Presentation, page-26

First 26 Last

Share
Profile

Follow
Dabble010

5,061 Posts.

1607

18/04/21

12:54

Post #: 52545677
Share

Originally posted by GravityWaves: ↑

The Mercuria $40m is a possibility @Hiddenvalue....nothing is certain until the funds are in the account. Just to refresh your memory regarding the certainty (or uncertainty) of WMX funding arrangements : remember the $60m Pacific Road Capital funding that was going to happen in Dec'17....

https://hotcopper.com.au/threads/ann-new-funding-package.3863195/
https://hotcopper.com.au/threads/ann-cancellation-of-entitlement-offer.3923237/

I wouldn't bank on Milan's near-term funding expectations for Mercuria. The current trajectory for FY21 production is somewhere below 60koz. Considering the lacklustre production & sky-high POG over the past couple of years, the Market has rated WMX on the basis of historic / current production PLUS investment from Delphi / other insto's.

I wonder where the MC would be if Delphi / other insto's weren't on the register? My guess is the MC would be lower.

Expand

its quite simple without the backing of delphi the MC would have more then likely got to zero!

Last edited by Dabble010: 18/04/21

WMX Price at posting: $1.01 Sentiment: None Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

Thursday's HotCopper trends: $266M LTR placement, Trigg expansion | Aug 7

ASX Market Close: Health Care stocks lead index lower | August 7, 2025

Oz will likely unveil commodity price supports, but don't expect Trumpian flare

MQR

'We're extremely encouraged': Marquee expands footprint at Mt Clement

LTR

Liontown locks in $266M placement to help cashflow, Kathleen Valley ramp-up

First 26 Last

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.

Ann: Stage 1 Funding Update Presentation, page-26

Top Stories

Thursday's HotCopper trends: $266M LTR placement, Trigg expansion | Aug 7

ASX Market Close: Health Care stocks lead index lower | August 7, 2025

Oz will likely unveil commodity price supports, but don't expect Trumpian flare

'We're extremely encouraged': Marquee expands footprint at Mt Clement

Liontown locks in $266M placement to help cashflow, Kathleen Valley ramp-up

Featured News