WMC 0.00% 20.5¢ wiluna mining corporation limited.

Creditor report, page-2

  1. 1,642 Posts.
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    @JVP1991 the Creditors were only voting on a couple of items yesterday in relation to appointing a committee of inspection & also whether or not FTI should continue (or be replaced) as the Administrator.

    I suspect the Administrators report might appear on the FTI website for perusal in a few weeks / months & before the second meeting where Creditors will vote on the fate of the companies that make up the Wiluna Group.

    The Initial Notice to Creditors is on the FTI website...

    https://www.fticonsulting.com/creditors/wiluna-group

    The West Australian's Neale Prior penned some thoughts late yesterday that might have a few snippets of info about yesterday's meeting. I'm not a subscriber so you'll need to venture behind the paywall...

    https://hotcopper.com.au/data/attachments/4557/4557535-0648bbd7207f89dadff0ff3009328391.jpg

    The above headline is a bit much IMO considering it's the Administrators job to probe the financial circumstances surrounding WMC's problems. There's also plenty of connectedness (familiarity) between various entities on centre stage in the unfolding WMC story...maybe their collective talents will create a miracle for WMC...only time will tell...

    https://hotcopper.com.au/data/attachments/4557/4557608-74d78946a25b6cd8e9a3ba334cffafea.jpg
    Last edited by GravityWaves: 02/08/22
 
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