WMC 0.00% 20.5¢ wiluna mining corporation limited.

Ann: Board and Management Changes, page-33

  1. 7,125 Posts.
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    At 1 cent, Chairman Milan's new entitlement+underwriting is now at nearly $400k loss, I doubt he walked into this situation with his eyes wide open without a reason.
    I doubled my holding today at 1c.
    I will be watching what he and other major holders are going to do in mid-term.
    The next quarter still not a profit-making one, but with this CR and POG over $AUD1800+ and estimated AISC $1700~, the company is relatively safe to cruise into September Q. All assumptions of course.
    Let's see what happen then.

    Happy with my average 1.1 cent holding.
 
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