WMC 0.00% 20.5¢ wiluna mining corporation limited.

Ann: Annual Report to shareholders, page-79

  1. 1,205 Posts.
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    Super pit my but. It fell through. What is the mkt cap of the of these other small take overs compared to overall investment in iron ore, coal, agriculture and minerals. The Aussie gold space would be a hobbie. (probably less than 5% than total investment) You are a silly bugger if you think the Chinese are concentrating on taking over our gold companies. 

    The North Americans were the only true investors. However there is a lot more territory than AUS to buy. Yes more political/employment risk. They may turn back to here. However our mid to large cap producers and even pop up juniors are trading at a premium right now. Would you make a take over of any of these right now? The only positive to this would be the falling $AUD. Otherwise takeovers can be quite punishing for the majors and international investors.

 
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