I am just treating this as a very speculative holding where I am prepared to realise a capital loss if it all goes belly-up as others have said for ages it seems that management are good at capital raisings. The big holders make up the vast majority of shareholders they must see something here to keep pumping money in, I would hate to see if the POG was to fall, WMC seem to have so much going on and always spending more money than they make , what next start to develop the nickel project concurrently with stage 2??
Ann: Interim Financial Report and Appendix 4D, page-5
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