WMC
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0.00% 20.5¢ wiluna mining corporation limited.

Hi @Drugo, according to the AFR article dated 06/09/22 (below)...

  1. GravityWaves
    1,700 Posts.
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    16/09/22
    15:39
    Post #: 63742579
    Hi @Drugo, according to the AFR article dated 06/09/22 (below) the amount WMC owes lenders is $77 Million of which about $57 Million is Mercuria (which seems quite a bit more than your $40 Million). Maybe there's some hefty penalties involved for WMC's second suspension & inability to pay Mercuria on time.

    Apparently Amicca are hoping to have the WMC sale done & dusted by December. Only time will tell.

    https://hotcopper.com.au/data/attachments/4683/4683472-c1fc5c2bd6d37599220d97adef0739e7.jpg
    Last edited by GravityWaves: 16/09/22
    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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