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20.5¢ wiluna mining corporation limited.

@yurts the losses at the end of June 2022 due to impairment and...

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Hiddenvalue

2,802 Posts.

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19/02/24

23:30

Post #: 72491486
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Originally posted by yurts: ↑

"NPV8 is well above $300m mark at today's $AU pog" - no its not. Pre-tax NPV8 is $282M at today's POG and you still have to pay tax, so post tax NPV would be significantly less...

What value would you put on WMC and the asset, considering you would need to fund $82.6M for maximum negative cashflow, plus corporate costs, exploration, etc... for 5+ years.

Really hard to see how the administrator can extract any real value for shareholders.

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@yurts the losses at the end of June 2022 due to impairment and fx impact was circa $276 million. What the loss is likely to be as at 30 June 2023 or to date? Possibly a little more north than that.

WMC is not going to have an income tax issue for quite some time.

extract from 2022 financials recently released:

REVIEW AND RESULTS OF OPERATIONS
For the year ended 30 June 2022 (FY22), the Group generated a net loss after tax of A$276.1

Last edited by Hiddenvalue: 19/02/24

WMC Price at posting: 20.5¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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