WMC wiluna mining corporation limited.
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I do think that the very good cashflow of approx. $4 mill/month...

  1. Drugo
    1,207 Posts.
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    23/12/20
    12:07
    Post #: 49777462
    I do think that the very good cashflow of approx. $4 mill/month is not enough to fund a project of this size.
    Considering the the drilling , infrastructure and plant upgrades, they have done well with cashflow recently.
    Raising $24 mill just cements the fact that this project will be a goer.
    Coupled with Acuity extension this provides protection as I think 2021 is going to be a wild ride for debt and the markets.
    .
    WMX Price at posting: $1.43 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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