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0.00% 20.5¢ wiluna mining corporation limited.

has anyone done the comparison with Spitfire Oil...

  1. doughboy
    257 Posts.
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    30/04/08
    13:11
    Post #: 3645825
    has anyone done the comparison with Spitfire Oil http://www.spitfireoil.com/so_home.asp

    they are listed on AIM and whilst volumes are low still have a Mkt Cap of £17.66M on only 500M tonnes of lignite

    with the recent acerage addition BLK would close to 1 Billion tonnes of lignite and Westfarmers as JV partners, who given they just raised $18B to purchase Coles you'd have thought capital raising who be somewhat easier

    not sure if the lignite of Spitfire & BLK are similar to warrant a direct comparison
    BLK Price at posting: 0.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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