WMC 0.00% 20.5¢ wiluna mining corporation limited.

Ann: Blackham to undertake significant recapitalisation, page-20

  1. 719 Posts.
    lightbulb Created with Sketch. 38
    Of course they don't want to exercise their security over the assets.
    This case and any company that has come before it has shown that the assets are not economically viable.
    There is no evidence to show that one can profitably mine from this deposit.
    A recapitalisation is not going to change that.
 
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