I reckon the next CR will be announced sometime in the next month or so IMO...
$41.6m : (cash & bullion at 31/12/21)
+ $18.2m : (Tranche 2 funds injection during Jan'22 from previous CR)
- $44.1m : (Trade & other payables 31/12/21)
+ $9.5m : (Est. concentrate sales revenue for the period 01/01/22 - 15/03/22)
-------------
$25.2m : (Est. cash at 22/03/22)
Looking ahead (for the Jun'22 quarter)....
- Lower-than-expected mined grade.
- Lower-than expected mining rates.
- Lower-then-expected head grade (milling).
- Slower-than-expected Stage-1 ramp-up.
- Higher-than expected costs.
- Lower-than-expected production.
- Lower-than-expected revenue.
WMC have a fantastic record of receiving cash injections (via highly dilutive CR's) when required.
