Ann: Stage 1 Funding Update Presentation, page-4

I can read through the presentation, and still see the potential, then....
I read the slide where it say - 'management have done it before'... umm.... what have they done.... plough a few hundred million dollars into an operation that is still not making any money, after almost a decade....

I just shudder, because, just maybe, Byrnecut will be able to mine the amount of ore required, but.... will WMX actually make any money for shareholders??? btw - this bit 'Alliance' with the contractors, just seems like a reverse take over to me.



I can see the allure of WMX, it promises so much, even I who have lost money, and don't trust the ability of the company at all, continue to watch on.
If the POG explodes, WMX will probably have a moment in the sun, but... not right. Dilution is coming... again and again.