WMC 0.00% 20.5¢ wiluna mining corporation limited.

Ann: Recapitalisation to Underpin Transformational 2018, page-89

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  1. 426 Posts.
    lightbulb Created with Sketch. 16
    Thanks Drugo for your advice which me and the missus have been chewing over the past few days.
    We are thinking we might at least get ready to take up the offer.
    Do you agree that the shares price is unlikely to go above 8 cents in the coming year and if that to be true the listed options wouldn't be worth anything. I didn't realise the options were to be listed on the ASX.
    For the options to be of value the share price has to be above 8 cents ?Companies with huge numbers of shares seem to be swimming against the tide for the share price to rise even with the very best of news.
    I don't believe Blk will have any huge news for the next twelve months producing 80k oz a year except to say they survived.
    What's your take on share price forecast and do you know of any other junior miners with large share issue to compare.
    Thanks again
 
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