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0.00% 20.5¢ wiluna mining corporation limited.

Back of the envelope says the company needs 250 million to get...

  1. nickster
    910 Posts.
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    20/07/22
    14:00
    Post #: 62630548
    Back of the envelope says the company needs 250 million to get it over the line which is nearly 4 times it's market cap hence if there is no white knight out there this will be sold via administration to the highest bidder and I don't believe it's about the price to buy it's about the cost to run wiluna , you would basically have to sell it for $1. Then maybe Newcrest or Nst might be interested
    Last edited by nickster: 20/07/22
    WMC Price at posting: 20.5¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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