Australia's largest stock trading and investment forum Australia's #1 stock forum

WMC

Click for more information

0.00%

20.5¢ wiluna mining corporation limited.

Negative Ranters..., page-5

First 5 Last

Share
Profile

Follow
xbeastau

1,751 Posts.

49

05/04/16

17:16

Post #: 17428348
Share

Originally posted by johnnydust ↑

The reason it's down is the increased risk appetite for investors thus reducing the price of gold and in turn we've seen an uptick in the AUD leading to a drop of around $100 recently in the AUD gold price.
The fundamentals of the project are still there and at current levels ebit would be around 60m pa so this isn't anything to get to worried about with the stock still being undervalued (pre-production value) by around 50% compared to its peers..

Expand

Agree...all we need is gold back around 1250 us and Aussie $ .70.... Don't want much..then blk would be back to .50c... I'm not greedy...

BLK Price at posting: 39.5¢ Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

DUR

Duratec snags $76.5M in works from Woodside and Defence respectively - including spy network upgrade

RMX

Red Mountain Mining: record gold prices, two projects, two greenstone belts

FRB

Firebird snaffles Environmental Permit for Jinshi plant

AAJ

Aruma sniffs high-grade copper, antimony at QLD's Fiery Creek

FBR

FBR's robotic home construction tech passes first US early-stage structural compliance check

There are more pages in this discussion • 3 more messages in this thread...

First 5 Last

Add WMC (ASX) to my watchlist