No doubt they will need to replenish the coffers regularly and...

No doubt they will need to replenish the coffers regularly and ongoing!

Never say never at any stage with an explorer of course, however, having raised in October 2021 and February 2022, WML had a cash position of $1.9 million as at 31 December 2021:




And with a further $1.19 million subsequently added from the February placement noted above:



They should reasonably be able to last until late 2022 before raising again?

In the meantime, material / positive progress on any front will hopefully enable the company to raise future capital at a better price with less dilution to existing shareholders. Similarly if any “spectacular” results arise (e.g Mt Cornell nickel hits) then there may be a dedicated raise to advance that specific project.

The above is my opinion only. Looking forward to the next 6 months for WML. Very best to all shareholders.