I don't think it is sitting idle, my understanding is that they are still processing old tailings through the "Wiltails" circuit. I don't know if it is washing its face or not, but they have certainly lost an awful lot of money since entering administration. over $35M by my count.
Will it relist on the ASX? My guess the project will eventually make it way back, but probably under different ownership.
Would be good to see the December 23 quarterly report right about now... We are also due the promised updated Reserves, promised to be delivered before the end of CY23.
WMC Price at posting:
20.5¢ Sentiment: None Disclosure: Not Held
