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0.00% 20.5¢ wiluna mining corporation limited.

Ann: Wiluna Mining Group - First meeting of Creditors, page-9

  1. GravityWaves
    1,681 Posts.
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    08/08/22
    15:32
    Post #: 62989227
    @Drugo, in regard to the relevance of history, I suspect you might have missed some important info in the latest announcement which I've highlighted for you below...

    https://hotcopper.com.au/data/attachments/4574/4574075-c95c7f0485816fe35090aadd66c90cc8.jpg

    According to some reports, BLK / WMX / WMC have smoked $750 million over the past 10 years & the overall result is administration. Asset divestment is one of the two possibilities (and perhaps the most likely) unless the Administrator can find a way to rectify historical performance issues. I suspect the Administrators chances of achieving that (i.e. rectifying historical performance issues) are slim to none IMO.
    Last edited by GravityWaves: 08/08/22
    WMC Price at posting: 20.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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