WMC 0.00% 20.5¢ wiluna mining corporation limited.

well it's a good thing we aren't looking at a leopard and we are...

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  1. 4,286 Posts.
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    well it's a good thing we aren't looking at a leopard and we are talking about a stock.
    it's interesting, because I can throw in something unrelated and say didn't Apple almost go bankrupt at one point? but then I am talking about something unrelated.
    and for good measure I'll bring in a fancy word with no real support "downside risk".

    plenty more support on the upside argument
    - debt being paid off
    - cashflow positive at h2 fy18 despite a bad quarter.
    - agreement on some other income through royalties for Potash, should start to kick in FY19 (latter).
    - potential sale of cobalt (what this looks like yet, yet to be seen - but it's a saleable asset)
    - POG May have hit the bottom and now possibly on a upward trend.
    - prob a few other things to think of but this is prob enough to support a positive outlook.

    IMO
 
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