WMC 0.00% 20.5¢ wiluna mining corporation limited.

Companies set certain targets for reserves. It is more a...

  1. 1,205 Posts.
    lightbulb Created with Sketch. 249
    Companies set certain targets for reserves.
    It is more a financial entry on the books.
    Yes if the POG goes below $2,650 for six months.
    They will have to do a reserve write down.
    I think they made this a cut off for Whitetails and open pit free milling. Not underground sulphide.
    Judging by recent drilling results there may be some good reserve upgrades in the future anyway.

 
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.