WMC 0.00% 20.5¢ wiluna mining corporation limited.

Ann: Prospectus, page-2

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  1. 32 Posts.
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    Wtf are they doing? Spending $10k in legal and ASX fees (plus internal costs) to pay a contractor in stock (yay, dilution!) for currently $15k of work, max $45k of work.

    I guess now they have a boilerplate prospectus, change the names and numbers, rinse and repeat for a mere $5k in fees for each contractor they don't want to pay in (a very dwindling supply of?) available cash.
 
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