I believe more and more that Stage 1 really works. A lot has changed at Wiluna in the last few months, I have more confidence.I hope that the 40 million aud will also be financed through a gold swap and that we will not receive any dilution.I think almost the same as you do.I think Wiluna Mining will manage Stage 1 by October / November, but Wiluna needs a few months to fully produce. It will depend on how quickly we earn even better money.I think Stage 2 will also be expensive.So I hope Stage 1 is ramped up quickly and the share price rises to about $ 3 or higher, so that if there is funding, we don't get too watered down.Still too far away to be in the plus if I ever see. Maybe the price of gold next year will create 3000aud for a new, even better hedge that would be important. Could fit the timing.
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