BLR black range minerals limited

Cait, No, I'm not traveling to the meeting. You could be right...

  1. 561 Posts.
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    Cait,

    No, I'm not traveling to the meeting.

    You could be right about the timing of the announcement of the extra $100k. My thought was that BLR was down to $91k AUD at 6/30/15, and since GG must have known the BLR shareholder vote would be favorable, perhaps WUC advanced some or all of the $100k to BLR in August. If so, WUC would have had plenty of time to include a disclosure in its 6/30/15 financials issued on 8/31/15. Given WUC's size, I would think $100k USD would be deemed material, even though it's a relatively small amount.

    Alternatively, BLR may have limped through August on the $91k, and the decision to add $100k to the loan could have been made over the weekend or early this week.

    In any event , it's not a big deal...
 
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