WMC 0.00% 20.5¢ wiluna mining corporation limited.

So does anyone have thoughts on the previous company that owned...

  1. 119 Posts.
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    So does anyone have thoughts on the previous company that owned Matilda?

    This is a pretty good story and I'm putting trust in the current management to get it done.

    The market cap on BLK vs every other ASX gold miner is the lowest when compared to earnings or free cashflow in 12 months time (so best chance to 2, 3 bag). But one thing I'm concerned with is the mine itself and costs per ounce of previous owners despite the high head grade.

    Looking into previous owners APEX, they looked like a bunch of dogs that looked after themselves and ran the company in terrible fashion, so I'm hoping BLK management does the job a lot better.

    Anyone more knowledgeable shine some light on why the last owners failed so hard with Matilda?

    I think at current AUD spot prices there is a lot of room for BLK to make good profit.
 
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