WMC
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0.00% 20.5¢ wiluna mining corporation limited.

what could go wrong from here? I'm thinking the key risks...

  1. CashedUpBogun
    8,228 Posts.
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    03/09/19
    17:35
    Post #: 40295559
    what could go wrong from here? I'm thinking the key risks are:

    -metallurgical recoveries from the highly variable transitional ore will perform much lower than expected.

    -the grade will under perform through the mill - likely causes, poor estimate, or poor mining practices leading to excessive ore loss and/or dilution.

    - high turnover of staff, better opportunities elsewhere for experienced people leaving a workforce of former Uber Drivers.

    - cost blow out to ASIC of >$2,500/ounce just because the company is cursed.
    BLK Price at posting: 1.3¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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