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20.5¢ wiluna mining corporation limited.

Yes more then likely its in the upper range of the of the $1m to...

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Dabble010

3,883 Posts.

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18/02/20

07:59

Post #: 42986809
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Originally posted by GravityWaves: ↑

The half yearly report might clear-up the confusion about the balance of the Working Capital Facility @ 31/12/19. It would have been easy for BLK to include the WCF balance in the Dec'19 report like they did in the Sep'19 quarter but apparently too difficult to include it in the Dec'19 quarterly. Based on gold sales of 20,453 @ $2072/oz for the Dec'19 quarter, there's no way BLK could have reduced the WCF balance down to the low end of your range (i.e $0). I think Arlington's estimate of $12m balance on the WCF (at the date of their report) is pretty reasonable.

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Yes more then likely its in the upper range of the of the $1m to $12m. All we know is that its below the $12m as per the announcement and ahead of schedule (what ever that means).

Whatever the number, It's a number I can live with at this stage!

happy, don't lose sleep on a stock you don't own, that's just as worse as losing money on it!

BLK Price at posting: 1.1¢ Sentiment: None Disclosure: Held
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0 Great analysis

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