WMC wiluna mining corporation limited.

@Hiddenvalue, I've never suggested (or had any expectation) that...

  1. 1,936 Posts.
    lightbulb Created with Sketch. 919
    @Hiddenvalue, I've never suggested (or had any expectation) that they'd announce a quarterly just after the quarter finishes. In an earlier post I merely pointed out that they've previously announced interim updates (approx every 3 months between quarterly reports) that were a bit more production centric (in contrast to drilling updates).

    • Now, the reason I didn't use my highlighter on their updated operating cashflow numbers is because those numbers are only guesstimates. My highlighter is a stellar performer at marking differences between WMX projections / guesstimates & real-world numbers. The number they've shown for their updated cash & bullion (i.e. $13m at 30/09/20) should match the number they present in their Sep'20 quarterly...but you never know...those numbers might be further updated in their quarterly report.

    • I think it's an entertaining mystery (circus style performance) how they had even less cash & bullion at 30/09/20 (i.e. $13m rather than $15m) after discovering they'd actually spent $8m less than the figure they'd previously announced for expenditure on 02/10/20. It's worth a chuckle tongue.png.

    • At this stage I'm anticipating their Sep'20 quarter AISC might be similar to their Jun'20 numbers (i.e. AISC $3250+ /oz) what.png.

    • It looks like they're expecting the $40m expansion funding to happen sometime after the Updated Reserves are announced in Jan'21 rolleyes.png.

    Cheers smile.png
 
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.