*** TA - WMX - Gold - Wiluna Mining Corp ***, page-52

Hi @Dabble010, I think there's a great chance the WMX SP will recover if they manage to deliver on their production promises of 100koz - 120koz of gold concentrates. Until then, the ailing POG coupled with diminishing gold production might continue to drag on the SP, despite movement detected from the WSSG (i.e. Wiluna Sleepy Sulphide Giant).

Mercuria is supposedly handing over $40m sometime this quarter, so should help alleviate the need for another CR in 2021, but you never know. It'll be interesting to see what the gold repayment schedule looks like for any Mercuria hedge contracts after 31/07/21.

With the SP hitting $1.15, the path to concentrates production looks like it's become a bit rougher than expected.