WOOMERA MINING LIMITED (ASX:WML) - Ann: Market update- Rights issue , 13940006, page-25 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

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0.3¢ woomera mining limited

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midcapmadness

128 Posts.

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08/09/14

12:32

Post #: 13940006
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Originally posted by mraj ↑

Cant believe people are selling this down, if they can secure funding and get these assets it is a MASSIVE company maker..
There has been a lot of negative talk about this stock as it has been in suspension for quite some time etc but these are serious assets, similar in grade to Sandfire and much larger in scope and size. Drilling done to date is Chinese and cant be used for JORC but follow up drilling and recent drill results will be released soon to confirm. The major sticking point is funding but if there is even a hint that a major offtaker is talking to them re funding which they would be or AIW wouldn't enter into such an agreement (the ASX wouldnt allow them to just put out completely un-achievable targets as they have been burnt before) then this will go bananas.
The other point is one of the mines is already in production and doesnt need much work for current production to be lifted significantly.

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Last edited by midcapmadness: 08/09/14

ARK Price at posting: 0.3¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 0.3¢		Change 0.001(50.0%)		Mkt cap ! $3.654M

Open	High	Low	Value	Volume
0.3¢	0.3¢	0.3¢	$740	246.7K

Buyers (Bids)

No.	Vol.	Price($)
46	43175653	0.2¢

Sellers (Offers)

Price($)	Vol.	No.
0.3¢	687779	4

View Market Depth

No.	Vol.	Price($)
46	43175653	0.002
21	60088786	0.001
0	0	0.000
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.003	687779	4
0.004	6448935	8
0.005	1817368	6
0.006	1325281	3
0.007	626667	7

Last trade - 15.04pm 16/07/2024 (20 minute delay)

WML (ASX) Chart