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0.00% 20.5¢ wiluna mining corporation limited.

Ann: Hedging Transaction, page-3

  1. tradiesmedia
    678 Posts.
    lightbulb Created with Sketch. 31
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    02/12/16
    18:54
    Post #: 21071381
    Such a shame that they have to buy on Market Gold. $6.3m is a fraction compared to selling mined gold.

    This tell us two things:
    > Management expect Commercial Production delay to continue
    > They needed quick cash injection to keep operation running into next quarter.
    Last edited by tradiesmedia: 02/12/16
    BLK Price at posting: 46.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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