WMC wiluna mining corporation limited.

Ann: Awaking a Sleeping Giant as High-Grade Results Continue, page-21

  1. 3,093 Posts.
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    I'm glad I brought another $3k on monday, bummer I should have sticked to my initial gut and went with the additional 2.5k in the Arvo instead of micky mouse $500.

    I don't care what some of the couch commentators say here, fantastic drilling results. Big upgrade in resource coming. I think a significant increaee in reserve will come in December along with the DFS with workings for stage 1 that some keep complaining about.
    People have to understand they can't release a DFS without proving the resource and possible reserve. Milan is doing a great job and sticking to the plan.
    We are exploring and producing at the same time. I'd much rather be invested in a company doing both rather than just drilling and not making a cent. We have cashflow and even at a modest 60,000 ounces of production before stage 1 will still make some money along the way as Milan has indicated. Our costs are approx $10mil a month.
 
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