WMC wiluna mining corporation limited.

The company has been a train wreck since they acquired Wiluna in...

  1. 2,444 Posts.
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    The company has been a train wreck since they acquired Wiluna in January 2014 and no serious insto would take a second look at this dog. I'd love to see a cost benefit analysis of the past 7 years for money in vs out against shareprice and market capital as history usually repeats. Every year since they started mining they've forecast 60k ounces and yet to achieve this. The reports contain the usual hype and excuses but within those we see that much of the capital raised has been used to keep the company afloat.
 
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Currently unlisted public company.

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