WMC 0.00% 20.5¢ wiluna mining corporation limited.

Where have i been?? Waiting for some information worthy of...

  1. 4,596 Posts.
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    Where have i been?? Waiting for some information worthy of discussion (ie qtrly update). As mentioned earlier, I was expecting a far worse result. I was expecting it to dip into my buy zone (3-5c as previously described) to buy for a 6 month trade - i do not like their project much once beyond that. Unfortunately, looking at guidance i have concerns with the Q1/2 forecast and have my own interpretation as to why. I'm also very concerned that the high grade stockpiles may have been materially depleted given there was no mention of them. This may go some way towards explaining the lower than expected AISC. So, with all that in mind, i will not be a buyer regardless of whether the SP falls below 5c in the coming days/weeks.
 
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Currently unlisted public company.

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