WMC wiluna mining corporation limited.

Good summary/synopsis,ASIC will remain high for the next two...

  1. 1,207 Posts.
    lightbulb Created with Sketch. 249
    Good summary/synopsis,

    ASIC will remain high for the next two quarters around the AUD $1,900. Cashflow is different.
    I think they will still hit $20mill. in cashflow give or take 10%. It does not matter now.
    As far as development, they are in good hands.
    The big problem, is how does this low expenditure drilling, to prove reserves at your quoted AUD $2,550 turn out.
    From history it should turn out pretty well. ie Newmont etc.
    I purchased some more today.
    As stated previously, I would rather purchase at 5%-10% more than issue price. As there was quite a bit of risk involved beforehand.
    Interest rate on loan a little high, however this co. has junk bond status. (it seems no matter what fed int. rates are 9%- 10% is the usual).
    I am not Drunk as some stated.












 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.