WMG 0.00% 36.0¢ western mines group ltd

This is a well timed and priced placement IMO (I was expecting a...

  1. 3,103 Posts.
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    This is a well timed and priced placement IMO (I was expecting a bigger discount tbh). Allows WMG to drill until at least the end of CY2023 and removes the capital raising uncertainty that was probably keeping a lid on the stock over the last well 2 trading sessions. FWIW, and after watching the presentation in Singapore, the MD appears to be very confident that WMG is vectoring in on economic grades in a mega mineralised system.
 
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Last trade - 07.00am 07/05/2024 (20 minute delay) ?
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