WMC wiluna mining corporation limited.

It will never sell for $250 mill. Milan is not in the money and...

  1. 1,207 Posts.
    lightbulb Created with Sketch. 249
    It will never sell for $250 mill. Milan is not in the money and or our German friends. Stop there. What a silly post.
    You are totally wrong.
    Major shareholders will not sell this company for $250 mill. You are absolutely insane. (major shareholders account for over 70% of share register ).
    What trip are you on,
    As far as cashflow projections, currently hedged @ $2,650 for next twelve months for 42k/oz against cash cost $1,650.
    Then ad a further 18K/oz to back up at market sell price.
    What do we get. Do the math. Even it we make it there. I would like you to work this out.
    So $48 cash flow is a little high but semi achievable.
    Also $7 mill. in construction variance. Also a buffer of above $30 mill. to cover this as long as debt is raised.
    Done.


 
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.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.