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WMC wiluna mining corporation limited.

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From memory the $40 mill. finance will involve a loan which...

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Drugo

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14/11/20

13:25

Post #: 48873457
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Originally posted by FrankJ1987: ↑

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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From memory the $40 mill. finance will involve a loan which should not dilute shares.

WMX Price at posting: $1.79 Sentiment: Hold Disclosure: Held
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From memory the $40 mill. finance will involve a loan which...

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