WIN METALS LTD (ASX:WIN) - Ann: Butchers Creek Success - Step Out Drilling Unlocks Resource, 77740594, page-13 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

Originally posted by BrucieKibbutz: ↑

Slim to none.
Who ever quickly proves up a million ounces?

I own a junior who is quite regularly in the top drill Hits for the month with many Bonanza grade hits over the last few years.
I've been a holder for about 3 or 4 years now, they are still yet to achieve the magic 1mill. Its just not a quick process. Or cheap for that matter.

To be fair management did take a bit of a haircut about 6-12 months ago but buggered If i can find the release or remember whether it was In lieu of shares or Oppies.

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"To be fair management did take a bit of a haircut about 6-12 months ago but buggered If i can find the release or remember whether it was In lieu of shares or Oppies."

This is the ann below.

WIN METALS LTD (ASX:WIN) - Ann: Appendix 3Y x 4, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

The BOD also took part in the CR.

WIN METALS LTD (ASX:WIN) - Ann: Results of Rights Issue and Shortfall Notice, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

WIN METALS LTD (ASX:WIN) - Ann: Notice of General Meeting and Proxy - 1 July 2024, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

WIN METALS LTD (ASX:WIN) - Ann: Appendix 3Y x 3, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

You'll have to excuse Gelato, he's incapable of finding any anns.

Originally posted by Gefarto: ↑

The value is of course when nickle price starts to solidly trend up then this should rerate substantially. Lets just keep the shares on issue to a minimum. Not happy that such a tiny company is paying so much in management costs at this stage. Always a better look when management shares the pain and demonstrates thrift during hard times. Is this gold project an asset or an albatross for shareholders? So far it just looks like a means to justify someones job and fee until nickle price improves. But if they quickly prove up a million ounces without diluting the crap out of us then happy days. Probabilty??

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