WMC
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0.00% 20.5¢ wiluna mining corporation limited.

Agree, Looks like compelling buying for a swing trade to 10c...

  1. Oscar09
    26,837 Posts.
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    09/05/18
    22:26
    Post #: 32995291
    Agree, Looks like compelling buying for a swing trade to 10c plus resistance over next week or so.



    BLK

    80,000 oz production.

    AISC worst case scenario $1,200/oz

    Profit: $550/oz

    So, $44 million free cash .... pretty darn impressive and a tiny market cap of $89million with what these guys have got in resources and equipment!!!

    Net debt of $10.4 million at 31 March 2018

    Struth, explorers without a mine and no cashflow etc get taken over for the sort of money that equals this mkt cap
    Last edited by Oscar09: 09/05/18
    BLK Price at posting: 7.8¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 8  Upvote
    lightbulb Created with Sketch.  Great analysis
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