WMC 0.00% 20.5¢ wiluna mining corporation limited.

HH good post. A lot of downside has been priced in. Even if they...

  1. 327 Posts.
    lightbulb Created with Sketch. 12
    HH good post.

    A lot of downside has been priced in.

    Even if they have Net cash of $10M, they could still generate significant cashflows if the grade can get above 2.5 g/t.

    The issue is does the market have confidence in management and the project.

    What price would investors especially institutional investors put more cash in.

    Could we be looking at a sub 20 cent capital raising?

    DYOR
 
watchlist Created with Sketch. Add WMC (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.