Ann: Stage 1 Funding Update Presentation, page-6

First 6 Last

Share
Profile

Follow
johnnydust

2,444 Posts.

27

01/04/21

11:54

Post #: 52201764
Share

Originally posted by speculator101: ↑

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.

Expand

I went through the slides twice over and see no revenue forecasts for the company or projected ROI but thats noting new in the approach of selling a story, asking for money doing stuff whilst losing money, blame production and other variables whilst then asking for more money.

WMX Price at posting: 98.5¢ Sentiment: None Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

ASX Market Close: Fading miners drag bourse as iron ore price slumps | July 25

What is going on here? Watch out for DroneShield, Pure Hydrogen, and Nel ASA

RNU

Renascor produces graphite concentrate at Siviour, right on time to meet ex-China demand

Friday's HotCopper trends: Renascor concentrate, Larvotto raise | July 25

ASE

Astute delivers high-grade lithium hits at Red Mountain

SGQ

St George banks $5M from placement to ramp up Araxá Rare Earths Project

Rokeby, BHM, more: The 10 hot stocks HotCopper users watchlisted in Week 30

Most investors will get this earnings season wrong. Will you?

FTL

Firetail scoops up untested land around Excelsior – including juicy mineralisation target

Listen: HotCopper Wire Podcast 019 – Dreaming of the 9,000s

First 6 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Ann: Stage 1 Funding Update Presentation, page-6

Top Stories

ASX Market Close: Fading miners drag bourse as iron ore price slumps | July 25

What is going on here? Watch out for DroneShield, Pure Hydrogen, and Nel ASA

Renascor produces graphite concentrate at Siviour, right on time to meet ex-China demand

Friday's HotCopper trends: Renascor concentrate, Larvotto raise | July 25

Astute delivers high-grade lithium hits at Red Mountain

St George banks $5M from placement to ramp up Araxá Rare Earths Project

Rokeby, BHM, more: The 10 hot stocks HotCopper users watchlisted in Week 30

Most investors will get this earnings season wrong. Will you?

Firetail scoops up untested land around Excelsior – including juicy mineralisation target

Listen: HotCopper Wire Podcast 019 – Dreaming of the 9,000s

Featured News