Australia's largest stock trading and investment forum Australia's #1 stock forum

WMC

Click for more information

0.00%

20.5¢ wiluna mining corporation limited.

You call 2 million barely breaking even? Hey grumpy [ATTACH]...

First 63 Last

Share
Profile

Follow
Wheres-Wally

2,244 Posts.

155

18/07/18

17:22

Post #: 34428522
Share

Originally posted by CaptainGrumpy ↑

That was my first Impression. I was expecting AISC higher this qtr moving into M2. However from guidance, sounds like perhaps they didn't get as much stripping done as expected. A lot more stripping next few months in M1/2 then transition to Wiluna (which i expect will be significantly harder to mine economically than the oxide pits). If they are barely breaking even now, i can't see how that bodes well.

Expand

You call 2 million barely breaking even? Hey grumpy

Previous quarter

Secured debt reduced from 40 mill to 32.3 mill.
Net debt reduced from 10.4 mill to 8.4

Thats after drilling costs!

Thats good progress.

BLK Price at posting: 5.4¢ Sentiment: Buy Disclosure: Held
28 Upvote

1 Great analysis

Reply

There are more pages in this discussion • 210 more messages in this thread...

First 63 Last

Add WMC (ASX) to my watchlist