WMC
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0.00% 20.5¢ wiluna mining corporation limited.

News: Production update: Valuation & Analysis, page-2

  1. Plext
    10,605 Posts.
    lightbulb Created with Sketch. 1258
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    05/04/17
    12:48
    Post #: 23872707
    Well that clears things up a bit. They still value this over $1 -- after buying recently id be happy with 50c-70c
    Its only just started mining and everything is in place for the future and I dont see the long term debt as an issue as they have the same amount of cash in the bank. I agree with others here that saw .37-38 as the bottom. They not long ago raised capital at a huge premium to todays price and IMO we have seen a big tree shake on this up and coming 200,000 oz producer.
    BLK Price at posting: 39.8¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 10  Upvote
    lightbulb Created with Sketch.  Great analysis
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