WMC 0.00% 20.5¢ wiluna mining corporation limited.

There is sort of a time value issue here. They have really paid...

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  1. 11,275 Posts.
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    There is sort of a time value issue here.
    They have really paid about $1.5m, plus the value of the options to gain about 6 (or whatever) extra months of cash runway. The interest rate is very high, but the potential of getting over the current pre strip hump, and into actually processing free milling oxides at a rate of about 83koz pa at roughly 1350 AISC, without risking run out of cash (assuming no surprises!), is presumably worth it.
 
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Currently unlisted public company.

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