WWI 6.67% 1.6¢ west wits mining limited

WWI doesn't have any debt. The could just as easily suspend...

  1. 3,062 Posts.
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    WWI doesn't have any debt. The could just as easily suspend operations and sell the asset if need be. That's my take on it. Yes I was reading up about Wiluna Mining this morning and seems they took the easy way out in my opinion. They only appeared to have $50 Million debt and raised $40 Million recently. Maybe they had forward contracts or something. Would be interesting to know why they went into administration.
 
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