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20.5¢ wiluna mining corporation limited.

If they are allowed to trade oil and gas why not gold?I think...

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Drugo

1,205 Posts.

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28/02/22

13:28

Post #: 59871227
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Originally posted by Hiddenvalue: ↑

Positive announcement and more ounces then I expected in the first shipment.

Poly are listed on the London exchange, i'm sure they have the ability to transact in UK. Another shipment about to head to Trafigura. If crap hits the fan with the Russians maybe Trafigua will pick up the shortfall untill things settle down. If not, I'm sure Wiluna can't be held accountable to supply concentrate to a market that is banned so we can look elsewhere to sell.

Gold concentrate demand is increasing and will possibly increase further in this environment of high gold prices. I don't think we will have issues finding alternative buyers if more aggressive sanctions were put in place. Just my thoughts on the matter.

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If they are allowed to trade oil and gas why not gold?
I think the Aust. Gov would not crucify an Aust. Co. in these times.

WMC Price at posting: $1.05 Sentiment: Buy Disclosure: Held
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